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IDAHO FIRST NAT. BANK v. WELLS

No. 12572.

596 P.2d 429 (1979)

100 Idaho 256

The IDAHO FIRST NATIONAL BANK, a national banking association, Plaintiff-Respondent, v. Ivyl W. WELLS and Novell M. Wells, Defendants-Appellants.

Supreme Court of Idaho.

June 11, 1979.

Attorney(s) appearing for the Case

Robert F. McLaughlin and Michael R. McLaughlin, Mountain Home, for defendants-appellants.

Perce E. Hall of Hall & Friedly, Mountain Home, for plaintiff-respondent.

DONALDSON, Justice.

This is an appeal involving an action filed by plaintiff-respondent Idaho First National Bank (hereinafter Idaho First) to collect on separate guarantees signed by defendants-appellants Ivyl and Novell Wells for certain loans that the bank made to Powell Feed Lots, Inc., of which the appellants were stockholders.

In 1972 Novell Wells and F.J. Powell operated a cattle feeding operation as partners under the name of Powell Feed Lots. In 1973...

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