Coutin v. Nessanbaum

Opinion

HERNDON, J.

Appellant brought this action to recover from respondent the unpaid balance on a promissory note of which respondent’s son-in-law, Frank Zarider, was the maker. Respondent guaranteed payment of the note by written instrument under circumstances hereinafter described.

The trial court concluded that respondent “was exonerated of her obligations” under the guaranty by reason of appellant’s conduct in compromising his claim against the principal debtor and in executing instruments by the terms of which he agreed that his acceptance of the payments therein recited would…