State Bank v. Bryan

Appellee, State Bank of Bock Island, on December 17, 1906, loaned the Concrete Construction Company $7,000 on its note of that date due March 17, 1907, indorsed with a guaranty of payment signed by the four appellants, Cecil E. Bryan, its president, Harry E. Brown, A. W. Weimer and William Weimer, and also by one J. S. Wilbert, its secretary. Afterwards, February 9,1907, the company being indebted to the Bank on this and other notes, on some of which there were other indorsers not parties to this suit, desired a further accommodation of the Bank and obtained it by depositing collateral…