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KENNEDY v. FIRST NAT. BANK OF FAIRBANKS

No. 5760.

637 P.2d 297 (1981)

Sailor J. KENNEDY, Appellant, v. FIRST NATIONAL BANK OF FAIRBANKS, Appellee.

Supreme Court of Alaska.

December 2, 1981.

Attorney(s) appearing for the Case

Sailor J. Kennedy, pro se.

Ronald G. Birch and Marc W. June, Birch, Horton, Bittner, Monroe, Pestinger & Anderson, Anchorage, for appellee.

Before BURKE, C.J., and RABINOWITZ, CONNOR, MATTHEWS and COMPTON, JJ.

OPINION

PER CURIAM.

The issue in this appeal is whether the superior court abused its discretion in refusing to set aside a default judgment.

Sailor Kennedy is the president of an Ohio brokerage corporation. The First National Bank of Fairbanks committed one million dollars to the corporation for investment purposes.

The bank actually loaned $334,958.83 to the corporation. The bank contends that Kennedy personally guaranteed the note; Kennedy...

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