FIDELITY SAVINGS BANK v. WORMHOUDT LUMBER COMPANY

No. 49954.

104 N.W.2d 462 (1960)

FIDELITY SAVINGS BANK, Appellant, v. WORMHOUDT LUMBER COMPANY of Ottumwa, Appellee.

Supreme Court of Iowa.

August 2, 1960.


Attorney(s) appearing for the Case

Bannister & Bell, Ottumwa, for appellant.

Bailey C. Webber, Ottumwa, for appellee.


THOMPSON, Justice.

Plaintiff's pending suit is upon a written guaranty of payment of a promissory note in the original amount of $9,400, executed payable to plaintiff by one Stufflebeam. The amount of the note and that it is past maturity are not controverted. At the time of its execution, the defendant guaranteed its payment, in these terms: "Endorsement Guarantee. To be paid in accord with contract as set out Wormhoudt...

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