Del State Bank (bank), appellant, sued on a promissory note in the principal amount of $18,000, evidencing a loan to Randel E. Salmon (Salmon) for purchase of 10,000 shares of Amerand, Inc. (Amerand). The shares were pledged for the indebtedness to the bank.
Amerand was a customer of and had close business relations with the bank. The bank's president, Suttle, and its board chairman, Epperly, were...
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