Legal Opinion
Brenton Bank & Trust Co., Clarion v. Beisner
Supreme Court of Iowa
Decided July 26, 1978No. 61022PublishedCited by 4 opinions
1Opinion of the Court
UHLENHOPP, Justice.
This appeal involves a problem in the law of guaranty relating to revocation.
On March 18, 1970, John Schutt executed and delivered to Wright County State Bank (now claimant Brenton Bank & Trust Company, Clarion, Iowa) his written guaranty containing the following clauses among others:
IN CONSIDERATION That The Wright County State Bank has heretofore and may hereafter . . . discount notes for, loan money to and furnish other banking accommodations to C. R. Nelson Construction Co. Inc. of Bel-mond, Iowa . . . the undersigned hereby absolutely and unconditionally guarantee to…
2Cases cited9 opinions
- Exchange National Bank v. HuntWashington Supreme Court · 1913
- Merchants' National Bank v. CresseySupreme Court of Iowa · 1914
- Corn Exchange Bank Trust Co. v. GiffordNew York Court of Appeals · 1935
- Union Trust & Savings Bank v. State BankSupreme Court of Iowa · 1969
- Bennett v. Checotah State BankSupreme Court of Oklahoma · 1936
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Gandy v. Park National BankSupreme Court of Colorado · 1980
- Aetna Life Insurance Company v. David R. AndersonCourt of Appeals for the Eighth Circuit · 1988
- Aterra 144, 1960 Grand Avenue, WDM, LLC v. David B. AndersCourt of Appeals of Iowa · 2023
- Gandy v. Park National BankSupreme Court of Colorado · 1980