First National Bank & Trust Co. of Racine v. Notte
Wisconsin Supreme Court
1Opinion of the CourtDay, J.
The First National Bank and Trust Company of Racine (First National) brought this action against Robert Notte to recover the balance owing on a “Consumer Installment Note and Chattel Security Agreement” in the amount of $16,372.85 plus interest and costs. Mr. Notte acted as a gratuitous co-signer for the principal debtor, Pauline McCloud, who defaulted on the obligation and later filed a petition in bankruptcy.
The question presented for review is under what circumstances will a contractual surety obligation be rendered voidable based on the material misrepresentation or nondisclosure of a…
2Cases cited17 opinions
- Whipp v. IversonWisconsin Supreme Court · 1969
- Sumitomo Bank of Cal. v. IwasakiCalifornia Supreme Court · 1968
- Clark Ex Rel. Nash v. Leisure Vehicles, Inc.Wisconsin Supreme Court · 1980
- Investment Service Co., an Oregon Corporation v. Allied Equities Corporation, a Nevada CorporationCourt of Appeals for the Ninth Circuit · 1975
- State v. StarkeWisconsin Supreme Court · 1978
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3Cited by76 opinions
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- Tietsworth v. Harley-Davidson, Inc.Wisconsin Supreme Court · 2004
- John Doe v. Archdiocese of MilwaukeeCourt of Appeals for the Seventh Circuit · 2014
- Vollmer v. LuetyWisconsin Supreme Court · 1990
- Taggart v. Ford Motor Credit Co.South Dakota Supreme Court · 1990
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