Sack Lumber Co. v. Goosic

Cassel, Judge.

INTRODUCTION

Sack Lumber Company (Sack Lumber) appeals from the judgment of the district court for Saline County, Nebraska, after a bench trial, dismissing Sack Lumber’s petition against Frances E. Goosic based upon a promissory note which she signed. We conclude that (1) one who receives only an indirect benefit from a value of a transaction is not disqualified from treatment as an accommodation party and (2) the district court was not clearly wrong when it accorded Frances the status of an accommodation party. We therefore affirm.

BACKGROUND

Donald D. Goosic, Frances’ husband,…