First Nat. Bk. of Prineville v. Conroy

This is an action upon what purports to be a joint and several promissory note. The facts are: The defendant E. P. Conroy, who was the owner and operator of a creamery at Redmond, Oregon, applied to the First National Bank of Prineville, plaintiff herein, for a loan of $5,000 to be used in financing such business. The bank advised Conroy that it would loan him this amount if he would obtain on a note with him the signatures of ten responsible parties. Pursuant to this understanding Conroy prepared the following instrument, which was signed by one Peter Marnach and all of the defendants with…