Wolfe v. Madison National Bank

This case, concerning the liability of a promissory note guarantor, after default on the guaranteed note by the maker thereof, presents a basic issue, perceptively delineated for the jury by Judge Samuel Barrick. The judge instructed the jury that the sole question before them was whether the guarantor, appellant, actually signed the guarantee agreement. A secondary matter concerning the amount of attorneys’ fees provided for in the guarantee has also been posited to us.

A “Joint Guarantee”, dated November 18,1971, securing a one hundred thousand dollar ($100,000) loan from Madison National…