Jacobsen v. Bunker

STEWART, Justice:

The plaintiff, Joyce K. Jacobsen, appeals from a judgment which awarded $236.49 to the-defendant, Loma K. Bunker, and which held defendant William Rigby not liable as an indemnitor. We reverse and remand for entry of judgment in accordance with this opinion.

The plaintiff Jacobsen and the defendant Bunker are sisters. In the 1960’s, Jacob-sen and Bunker each borrowed money from their father and signed promissory notes as evidence of their indebtedness; neither note was ever discharged. Jacobsen’s last payment on her note was made October 15, 1973; Bunker’s last payment was…