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SHEET METAL WORKERS LOCAL NO. 76 v. HUFNAGLE

No. 50115.

295 N.W.2d 259 (1980)

SHEET METAL WORKERS LOCAL # 76 CREDIT UNION, Respondent, v. Paul C. HUFNAGLE, Appellant.

Supreme Court of Minnesota.

July 3, 1980.

Attorney(s) appearing for the Case

Thompson, Lovett, Wahlfors & Moran and James L. Wahlfors, Bloomington, for appellant.

Briggs & Morgan, Gerald L. Svoboda and Michael H. Streater, St. Paul, for respondent.

Heard before KELLY, YETKA and WAHL, JJ., and considered and decided by the court en banc.

WAHL, Justice.

Defendant, Paul C. Hufnagle, the maker of a $70,000 promissory note, appeals from a judgment granting plaintiff, Sheet Metal Workers Local # 76 Credit Union (hereafter Credit Union), judgment in the amount of the unpaid balance due on the note, plus interest. Hufnagle gave the note to the Credit Union on June 30, 1975, in connection with his purchase from the Credit Union of 1,313 shares of stock in the Phalen Park State Bank. The Credit Union held...

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