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HARSHA v. STATE SAV. BANK

No. 65188.

346 N.W.2d 791 (1984)

David George HARSHA and Baxter Feed Center, Inc., Appellees, v. STATE SAVINGS BANK and J.E. Edge, Appellants.

Supreme Court of Iowa.

Rehearing Denied April 6, 1984.

Rehearing Denied May 10, 1984.

Attorney(s) appearing for the Case

B.C. Clayton and Roger Williams of Diehl, Clayton, Cleverley, Knopf & Williams, Newton, for appellants.

Frank G. Wieslander, Altoona, and Samuel S. Zelden, Des Moines, for appellees.

Considered by UHLENHOPP, P.J., and HARRIS, LARSON, CARTER, and WOLLE, JJ.

UHLENHOPP, Presiding Justice.

This appeal presents questions that arose from an alleged oral agreement by the State Savings Bank of Baxter, Iowa (bank), through its president, Jack E. Edge, to lend money to David G. Harsha and Richard L. Perry to open and operate a livestock feed sales business to be known as Baxter Feed Center, Inc. (Baxter Feed).

The following issues were submitted to the jury at trial: (1) whether the bank made and subsequently breached...

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