Federal Financial Co. v. Landers

Defendant Dexter A Landers appeals a grant of summary judgment in favor of plaintiff Federal Financial Company. Defendant maintains that a genuine issue of material fact regarding the capacity in which he cosigned an unsecured promissory note remained in dispute, and that the trial court improperly denied him an opportunity to present defenses to payment. Defendant urges that the defenses of impairment of recourse, laches, and estoppel presented material facts for resolution before a jury. We affirm.

Defendant is president of Northfield Wood Products and has, on occasion, obtained loans to…