Andrew v. Estate of Johnson

The matters involved in this litigation arise out of the transactions of three banks, to wit, the City Commercial Savings Bank of Mason City, the Alta State Bank of Alta, and the Greenville Savings Bank of Greenville. The decedent was one of the directors of the Alta State Bank. This litigation is upon a claim against the estate, based upon a written contract of guaranty, which, according to the record, was signed by the decedent and other directors of .the Alta State Bank. On July 23, 1921, the date of the written contract, the Greenville Savings Bank was liable to the Alta State Bank upon…