Peoples National Bank of Mora v. Boyer
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
HUSPENI, Judge.
Obligee bank brought this action under a promissory note against accommodation parties who endorsed and guaranteed previous promissory notes by this obligor. The trial court ordered judgment for the respondents, and denied appellant’s motion for a new trial. We affirm.
FACTS
Appellant Peoples National Bank of Mora (Peoples) is the obligee on a note signed by Donald F. Boyer. The note is a consolidation of two separate loans to Donald F. Boyer. Respondents are Donald’s parents, Donald E. and Dorothy Boyer (the Boyers). They initially executed written guarantees on each of…
2Cases cited1 opinion
- Farmers Union Oil Company v. FladelandSupreme Court of Minnesota · 1970
3Cited by5 opinions
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- Borg Warner Acceptance Corp. v. Shakopee Sports Center, Inc.Court of Appeals of Minnesota · 1988
- Utah Farm Production Credit Ass'n v. WattsUtah Supreme Court · 1987