Legal Opinion
First State Bank, Hickman v. Peterson
Nebraska Supreme Court
Decided April 1, 1980No. 42615PublishedCited by 11 opinions
1Opinion of the CourtBoslaugh, J.
This is a suit on an unconditional guaranty agreement executed on October 26, 1973, by the defendant, Norman L. Peterson. The agreement unconditionally guaranteed prompt payment of any notes or other indebtedness of the Hickman Lumber and Mercantile Co., Hickman, Nebraska, to the plaintiff bank. The guaranty agreement provided that it was applicable to any and all notes made at any time by the debtor, and that the bank might, without notice to the guarantor, elect the specific notes, indebtedness, or liability to which the guaranty would apply and from time to time change its election. The…
2Cases cited9 opinions
- DeLay First National Bank & Trust Co. v. Jacobson Appliance Co.Nebraska Supreme Court · 1976
- American Bank of Commerce v. CovoloNew Mexico Supreme Court · 1975
- First National Park Bank v. Snellen M. Johnson and Ven SavageCourt of Appeals for the First Circuit · 1977
- Nation Wide, Inc. v. ScullinDistrict Court, D. New Jersey · 1966
- Fegley v. JenningsSupreme Court of Florida · 1902
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Borley Storage & Transfer Co. v. WhittedNebraska Supreme Court · 2006
- Borg-Warner Acceptance Corp. v. WattonNebraska Supreme Court · 1983
- BUILDERS SUPPLY CO., INC. v. CzerwinskiNebraska Supreme Court · 2008
- Lease Northwest, Inc. v. DavisNebraska Supreme Court · 1987
- Century 21 Products v. Glacier SalesWashington Supreme Court · 1996
6 more not listed; retrieve them via the Exa API.