Continental Illinois National Bank & Trust Co. of Chicago v. Security State Bank

RAWLINGS, Justice.

Trial court sustained plaintiff’s motion for summary judgment in its action on a promissory note, and guaranty agreement. Defendants Gunvald and Edna P. Sande appeal from judgment entry accordingly ordered. We reverse and remand.

By Count I of its petition, plaintiff seeks judgment against The Security State Bank, Algona, Iowa; Hawkeye Loan Company, Inc.; Maurice E. Thompson; W. B. Lund-berg; and Gunvald Sande.

Allegations in support thereof are: defendants Thompson and Lundberg, officers of Security State Bank, secured Gunvald Sande’s signature to the instant note upon…