Western Industries, Inc. v. General Insurance Co.

OPINION

By the Court,

Gunderson, C. J.:

This appeal arises from two actions on promissory notes, separately commenced by General Insurance Company of America (General), but consolidated in the district court for hearing and judgment.

Western Industries, Inc. (Western), as maker, issued the first note, dated March 1964 and in the sum of $29,314.95, to James Purvis as payee. William Moore, Jr. and Lawrence Stecher guaranteed it; Purvis assigned it to General. Moore and his wife Patricia as makers issued the second note, dated May 1964 and for $113,386.00, directly to General as payee, with Western…