HAVELOCK BANK OF LINCOLN v. BARGEN

No. 44196.

321 N.W.2d 432 (1982)

212 Neb. 70

HAVELOCK BANK OF LINCOLN, Appellant, v. Duane L. BARGEN, Appellee.

Supreme Court of Nebraska.

July 2, 1982.


Attorney(s) appearing for the Case

Edward F. Carter, Jr., and Barney, Carter & Johnson, P. C., Lincoln, for appellant.

Stephen L. Ahl, of Barlow, Johnson, De-Mars & Flodman, Lincoln, for appellee.

Heard before KRIVOSHA, C. J., and BOSLAUGH, McCOWN, CLINTON, WHITE, HASTINGS, and CAPORALE, JJ.


McCOWN, Justice.

This is an action by the plaintiff bank to enforce a personal guaranty agreement executed by the defendant in connection with credit extended to a corporation. The jury returned a verdict for the plaintiff bank in the amount of $2,816.90. The bank has appealed.

The defendant, Duane L. Bargen, was the vice president and a director of Air Structures, Inc., and the owner of approximately 18 percent of its stock. The corporation manufactured blower...

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