Crown Life Insurance v. LaBonte
Wisconsin Supreme Court
1Opinion of the CourtBeilfuss, C.J.
This is an appeal from a judgment entered in favor of the plaintiff in an action to enforce a guaranty.
The action was commenced by the Crown Life Insurance Company (Crown) against Jack LaBonte demanding $45,000 pursuant to a contractual guaranty. The guaranty was executed as part of a $180,000 loan made by Crown to Diversified Holdings, Inc. (Diversified). The promissory note executed on June 15, 1971, was originally between Diversified and Richter-Schroeder *29Company, Inc., Crown’s loan correspondent, and was secured by a mortgage on an apartment building. Richter-Schroeder lent the $180,000…
2Cases cited28 opinions
- Wurtz v. FleischmanWisconsin Supreme Court · 1980
- Chayka v. SantiniWisconsin Supreme Court · 1970
- Jones v. JenkinsWisconsin Supreme Court · 1979
- First National Bank & Trust Co. of Racine v. NotteWisconsin Supreme Court · 1980
- Weger v. Robinson Nash Motor Co.Illinois Supreme Court · 1930
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3Cited by64 opinions
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- Lambert v. WrenschWisconsin Supreme Court · 1987
- Brunswick Corporation v. David D. Jones, Jr.Court of Appeals for the Seventh Circuit · 1986
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