National Bank of La Crosse v. Funk

The following opinion was filed October 9, 1934:

Fowler, J.

The point at issue is whether the guaranties described in the above statement of facts cover the notes signed by the two Funks only. The defendant’s counsel claim that they do not because guaranties are strictly construed in favor of the guarantor. They contend that the liability cannot be extended beyond that plainly expressed in the guaranty; that the liability guaranteed is that of the three persons named, not of two of them; that the liability guaranteed is that of a partnership consisting of the three persons named, not that of a…