CARPENTER v. PAYETTE VALLEY CO-OP.

No. 11850.

578 P.2d 1074 (1978)

99 Idaho 143

C. A. CARPENTER, Plaintiff-Appellant, v. PAYETTE VALLEY COOPERATIVE, INC., a corporation, Defendant-Respondent.

Supreme Court of Idaho.

April 28, 1978.


Attorney(s) appearing for the Case

Peter J. Boyd, James D. LaRue and Phillip M. Barber, of Elam, Burke, Jeppesen, Evans & Boyd, Boise, for plaintiff-appellant.

Louis Gorrono, Emmett, for defendant-respondent.


BISTLINE, Justice.

On this appeal, we affirm a trial court decision denying any relief to appellant Carpenter on his action to collect the unpaid principal and interest on a promissory note alleged to have been guaranteed by respondent Payette Valley Cooperative, Inc. (the Co-op).

Distilled to its essence, the transaction involved a loan of $20,000.00 from Carpenter to a dairy farmer, Browne, in return for a $29,180.40 promissory note payable at $242.57 monthly...

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