Bankers Trust Co. v. Woltz

MeGIVERIN, Justice.

Defendant Donald R. Woltz appeals from a partial judgment entered on a jury verdict which found him liable as guarantor of a $170,000 consolidated loan made by plaintiff Bankers Trust Company to a corporation of which Woltz owned one-half of the stock. Three issues are raised by defendant: (1) whether extrinsic evidence should have been admitted to aid in interpreting the surety agreement; (2) whether the surety agreement covered future loans made by plaintiff to the corporation; and (3) whether the award of attorney fees to plaintiff was proper under Iowa Code section…