SEATTLE-FIRST NAT. BK. v. PEARSON

No. 36865.

63 Wn.2d 890 (1964)

389 P.2d 665

SEATTLE-FIRST NATIONAL BANK, Appellant, v. A. LINUS PEARSON et al., Respondents.

The Supreme Court of Washington, Department Two.

February 27, 1964.


Attorney(s) appearing for the Case

Howe, Davis, Riese & Jones, for appellant.

Fetty & Olwell, by David H. Olwell, for respondents.


WEAVER, J.

This is an action by the Seattle-First National Bank (appellant) against defendants A. Linus Pearson and wife (respondents) upon a written guaranty agreement.

August 28, 1958, the bank loaned $5,000 to the Oravetz Charcoal Company, Inc. on its demand promissory note bearing 7 per cent interest. The same day, defendant A. Linus Pearson signed the written guaranty which, insofar as we need consider it, provides:

"In consideration of financial...

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