Gunderson v. Hasterlik

The execution of the guaranty did not bind Hasterlik Bros., for appellee had no authority to thus obligate the two other defendants, Samuel and Ignatz Hasterlik. It did, however, operate to bind appellee, who, if he had no authority to obligate others, at least had power to bind himself. This he did by executing the guaranty. We are of opinion that the evidence discloses a sufficient consideration for the making of the contract of guaranty. The agreement to sell upon the leased premises the beer manufactured by the company of which appellee was the president, was of itself consideration…