Farmers' State Bank v. Northern Trust Co.

Blume, Chief Justice.

This is an action to cancel a certain guaranty agreement signed by E. H. Luikart and Oscar W. Nicholson, and to declare their rights and those of plaintiff bank arising out of that transaction and related ones. The court refused plaintiffs any relief and dismissed the petition. From this judgment an appeal has been taken to this court. The only point argued is the failure of the court to cancel the guaranty agreement hereinafter mentioned. The Farmers State Bank of Riverton, one of plaintiffs in the court below, will be referred to herein as the “Bank;” the Northern Trust…