Security Building & Loan Ass'n v. Seibert

EDMONDS, J., pro tem.

Durex System, Ltd., a corporation, appeals from a judgment rendered against it in an action brought on its alleged guarantees of three promissory notes. Appellant contends that the evidence is insufficient to sustain the findings and judgment that the guarantees were executed by it.

During the time of the transactions in controversy the controlling capital stock interest in the plaintiff corporation *55was owned by Metropolitan Capital Corporation, formerly known as Metropolitan Guaranty Corporation, and some of its officers under an executory contract for the purchase of…