NORWEST BANK HASTINGS v. CLAPP

No. C8-86-82.

394 N.W.2d 176 (1986)

NORWEST BANK HASTINGS, f/k/a Northwestern National Bank of Hastings, Respondent, v. Edward D. CLAPP, Appellant.

Court of Appeals of Minnesota.

October 7, 1986.


Attorney(s) appearing for the Case

Steven Schroer, James Wine, Faegre & Benson, Minneapolis, for respondent.

William C. Mortenson, Minneapolis, for appellant.

Heard, considered, and decided by LESLIE, P.J., and WOZNIAK and CRIPPEN, JJ.


OPINION

WOZNIAK, Judge.

Respondent Norwest Bank Hastings commenced this action in November of 1980 after appellant Edward Clapp defaulted on a note in the amount of $99,000. Clapp signed the $99,000 note in an effort to provide working capital for Autocraft, Inc., a company in which he was a director and major stockholder. Clapp did not dispute that he signed the note, but argued that Norwest defrauded him. The trial court held that Clapp failed to prove...

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