Royal Tailors v. Newton

The appellant, plaintiff below, appeals from a judgment that "the Royal Tailors take nothing by its complaint herein against the defendant." The action is founded upon a writing, in form a letter, alleged to be a contract of guaranty executed by respondent, defendant below. It is admitted that the respondent signed the writing. It is addressed to the appellant and is as follows:

"Letter of Guaranty.

"To the Royal Tailors, Chicago, U.S.A. — Gentlemen: For and in consideration of the Royal Tailors, a corporation, extending credit to R.M. Gates Co., of Salt Lake City, Utah, for goods, wares, and…