Bank of America National Trust & Savings Ass'n v. Hutchinson

Appellant Bank of America filed this action against respondents Hutchinson to recover $20,000, the amount of a promissory note of which said respondents were the makers and said bank the payee. Respondents filed a cross-complaint against the bank, joining as additional cross-defendants the appellant Coates, one of the bank’s branch managers, and one Alexander T. Chohon. By their cross-complaint, respondents sought cancellation of said note and an award of money damages upon allegations of fraud and deceit.

After a non jury trial, the court below made its findings in favor of respondents and…