Security National Bank of Fargo v. Andrews

This case is here on appeal from a judgment of the district court of Cass county entered in favor of the plaintiff. The action was brought on a promissory note and a written guaranty of payment of the same.

The plaintiff is a banking corporation engaged in business at Eargo, North Dakota. The defendants, Andrews and Aarhus, were engaged in the newspaper business. They wanted to buy a linotype and applied to the plaintiff bank for a loan of $1,500 wherewith to get it. The bank refused to lend them the money unless they procured a written guaranty of payment of the loan satisfactory to it. They…