California Bank v. Daniel

In January, 1927, California Bank, a corporation, hereinafter called plaintiff, made two separate loans of $10,000 each to Gadsden State Bank, hereinafter called the hank, located in Yuma county, Arizona. These loans were evidenced by two promissory notes, one dated January 18th, 1927, and the other January 25th, 1927, each payable ninety days after date, and duly executed in the name of the bank by its president and secretary. Each note was guaranteed by a written indorsement signed by A. T. Daniel, J. T. Ashurst, A. L. Hill, George McCarroll and J. II. Haynes, hereinafter called defendants,…