Department of Banking v. Keeley

Appellant, by new counsel, has filed a motion for rehearing. Essentially, the new issue raised is that the appellant as guarantor can only be liable for so much of the face amount of the note as would be a liability against the maker. We overrule the motion for rehearing and adhere to our former opinion.

The present action, as set out in our former opinion (182 Neb. 645, 156 N. W. 2d 803), is solely against the guarantor on a note signed “Valentine Hearts Per E. P. Keeley President,” which consolidated a previous indebtedness where he alone was liable with a current indebtedness of a…