First National Bank v. Willis

The opinion of the court was delivered by

Hutchison, J.:

This is a suit by the First National Bank in Carmen, Okla., against the defendant, an individual, upon his guarantee of a certain note for $2,500 and interest, designated as the Arkansas note.

The defendant in his answer alleged a reciprocal relationship between the old bank at Carmen, called the Carmen National Bank,, assignor of the plaintiff at and prior to the time of giving the note and guarantee, and the Fairview State Bank, another Oklahoma bank twenty miles distant therefrom, by which each of said banks borrowed from the other when…