Union Trust Co. v. Parker

Plaintiff sued defendant on a written guaranty dated November 20,1926, by which defendant guaranteed the prompt and punctual payment in accordance with their terms, of any and all collateral trust notes not exceeding $20,000 of the Prudential Discount Company, a Michigan corporation, that had been or might thereafter be discounted with the Union Trust Company of Detroit, together with any and all renewals or extensions of said notes and interest thereon and charges thereunder. The guaranty also contained the language:

“Demand, presentation, protest, notice of protest and diligence in…