First National Bank of Creston v. Creston Implement Co.

CARTER, Justice.

Plaintiff, The First National Bank of Crestón (hereinafter the bank), appeals from a judgment entered denying its claim against the defendant Pilkington (hereinafter Pilkington), as alleged guarantor of promissory notes executed by defendant Crestón Implement Company and from judgment entered against it on Pilkington’s counterclaim based on alleged violations of the Iowa Consumer Credit Code.

On appeal, the bank asserts that (1) the trial court erred in concluding that Pilking-ton’s alleged guaranty of certain promissory notes is rendered unenforceable by reason of the bank’s…