Younker v. Reseda Manor

Respondents Earl Vounker and A. E. Cahlan, partners doing business in Nevada under the firm name of Earl E. Vounker Enterprises, were awarded summary judgment against appellants Reseda Manor, a corporation, and Sam Len, on a promissory note. The note was for the purchase price of land in Nevada, and the land was hypothecated by deed of trust to secure the debt of $95,353. The note was executed for the corporation, Reseda Manor, by Sam Len, president, as maker, and on the same day a guaranty on the reverse side was signed by Sam Len.

The complaint alleges the execution of the note and guaranty,…