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MANDAN SEC. BANK v. HEINSOHN

Civ. Nos. 10108, 10115.

320 N.W.2d 494 (1982)

MANDAN SECURITY BANK, a corporation, Plaintiff and Appellee, v. Harlan HEINSOHN, Gerald Engel, Michael Heinsohn and Kenneth G. Austin, Defendants and Appellants. MANDAN SECURITY BANK, a corporation, Plaintiff and Appellee, v. Harlan HEINSOHN, Gerald Engel, Michael Heinsohn and Kenneth G. Austin, individually and doing business as Landco, a partnership, Defendants and Appellants.

Supreme Court of North Dakota.

June 10, 1982.

Attorney(s) appearing for the Case

Kelsch Law Firm, Mandan, for defendants and appellants; argued by William C. Kelsch, Mandan.

Bair, Brown & Kautzmann, Mandan, for plaintiff and appellee; argued by Malcolm H. Brown, Mandan.

PAULSON, Justice.

The appellants in these consolidated cases appeal from the amended judgments entered by the District Courts of Morton and Burleigh Counties on October 13, 1981. We affirm.

In January of 1979, Landco, a partnership comprised of Harlan Heinsohn, Michael Heinsohn, Gerald Engel, and Kenneth Austin, applied to the Mandan Security Bank for a $100,000 line of credit to be used for land development. The...

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