National Loan & Exchange Bank v. Gustafson

(dissenting) : This action was commenced in September, 1926, by the National Eoan & Exchange Bank of Greenwood, S. C., upon a note for $12,-000.00, executed to it by the defendant Gustafson, dated April 5, 1926, due May 10, 1926, with interest and attorney’s fees. The plaintiff seeks a recovery of judgment against the defendant Gustafson, as maker of the note, and against the National Surety Company upon grounds which will later be explained. School District No. 18 of Greenwood County was made a party defendant to the cause, and relief was prayed against it, that it be enjoined from…