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GATES v. AMERICAN NATIONAL BANK OF DENVER

No. 22789.

479 P.2d 285 (1971)

Stewart A. GATES and D. A. Stone, Plaintiffs in Error, v. The AMERICAN NATIONAL BANK OF DENVER, a national banking association, Defendant in Error.

Supreme Court of Colorado, En Banc.

January 11, 1971.

Attorney(s) appearing for the Case

Calkins, Kramer, Grimshaw & Carpenter, Thomas T. Grimshaw, Denver, for plaintiffs in error.

Dawson, Nagel, Sherman & Howard, John W. Low, Michael A. Williams, W. David Pantle, Denver, for defendant in error.

LEE, Justice.

The American National Bank of Denver, defendant in error, obtained a judgment in the Denver District Court for $20,475 and costs, against Stewart A. Gates and D. A. Stone, plaintiffs in error. The bank's claim was founded upon a written guaranty admittedly signed by Gates and Stone, which document was designated as a "Continuing General Guaranty" and guaranteed the credit of the Rasmussen Construction Company (Rasmussen).

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