First Security Bank of Idaho, N.A. v. Mountain View Equipment Co.

BAKES, Justice.

By this proceeding the appellants, Mountain View Equipment (MVE), Carl V. Nicholson, Thomas T. Nicholson, and their spouses, seek review of a decision of the Court of Appeals, 112 Idaho 158, 730 P.2d 1078, which affirmed a judgment rendered against them on a guaranty contract.

The respondent First Security Bank (bank) brought this action in the district court to collect the unpaid balance of an installment sales contract which was assigned to it by MVE (a farm implement dealer) and which was also secured by guaranty contracts signed by MVE and the Nicholsons. The guaranty…