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TRAVERSE CITY STATE BANK v. CONAWAY

Docket No. 10542.

37 Mich. App. 647 (1972)

195 N.W.2d 288

TRAVERSE CITY STATE BANK v. CONAWAY

Michigan Court of Appeals.

Decided January 19, 1972.

Attorney(s) appearing for the Case

Murchie, Calcutt & Brown (by Dennis L. Huntley), for plaintiff.

Before: R.B. BURNS, P.J., and FITZGERALD and V.J. BRENNAN, JJ.

R.B. BURNS, P.J.

The defendants, husband and wife, signed a note as makers in return for a $9,843.75 loan from plaintiff bank. All of the money was to be used in a business operated exclusively by the husband, John Conaway. The wife, Marion Conaway, received no separate consideration and signed as an accommodation to her husband. Subsequent to the execution of the note, but prior to institution of suit by plaintiff, John Conaway was adjudged bankrupt and was individually...

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