Trego WaKeeney State Bank v. Maier

The opinion of the court was delivered by

Schroeder, J.:

The question presented for our determination on appeal is whether a fathers guaranty to a bank, covering his sons obligations to the bank, imposes liability upon the father for a debt created by the son’s guaranty for another party at the same bank. The trial court found the guaranty of the father guaranteed the guaranty of the son and imposed liability. Appeal has been duly perfected.

The facts have been agreed upon by the parties and stipulated. During the early part of June 1969, Donald Maier (defendant) personally borrowed from the…