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PEDERSON v. FIRST NAT. BANK OF NEVADA

No. 8785.

566 P.2d 89 (1977)

Bjarne PEDERSON, Appellant, v. FIRST NATIONAL BANK of Nevada, a National Banking Association, Orme Kilburn, and Dixie Kilburn, Respondents.

Supreme Court of Nevada.

July 7, 1977.

Attorney(s) appearing for the Case

Gary A. Sheerin, Carson City, for appellant.

Raymond B. Little, George K. Folsom, Reno, for respondents.

OPINION

MANOUKIAN, Justice:

A complaint was filed by Respondent, First National Bank of Nevada, against corespondents Orme and Dixie Kilburn, and Bjarne Pederson, Appellant, for collection of a $10,588.52 balance remaining on a promissory note. Kilburns, defendants below, as endorsers of the note, cross-complained against Pederson, contending that he had agreed to indemnify them as to the unpaid balance. Pederson defended against both claims urging as his...

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