Capital State Savings Bank v. Larson

Plaintiff, as holder for value in due course of a promissory note, brought suit against the defendants to recover the principal and interest due on the note, together with court costs and attorney’s fees on the ground that the defendants had in writing guaranteed the payment of the note. Both defendants were served, Johnson was defaulted and Larson filed “an affidavit of merits denying any of the indebtedness claimed. After-wards the cause came on for trial without a jury, the defendants not appearing. The court heard the evidence, found the issues against the defendants and assessed the…