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UNION BANK v. SWENSON

No. 18915.

707 P.2d 663 (1985)

UNION BANK, Plaintiffs and Respondent, v. Ronald K. SWENSON, Margie L. Swenson, and State Lumber, Inc., a Utah corporation, Defendants and Appellants.

Supreme Court of Utah.

September 27, 1985.

Attorney(s) appearing for the Case

Steven H. Stewart, James L. Christensen, Salt Lake City, for appellant.

BALLIF, District Judge:

On January 29, 1982, appellants Ronald and Margie Swenson executed a promissory note in favor of respondent Union Bank. Appellants signed the note "individually and personally." Appellant Ronald Swenson, as president of State Lumber, Inc., also signed the note for the lumber company. Upon default, respondent brought this action against State Lumber, Inc., and the Swensons individually and personally to recover on the note. The Swensons now...

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