CITIZENS STATE BANK v. BOSSARD

No. 86-484.

733 P.2d 1296 (1987)

CITIZENS STATE BANK, a Montana banking corporation, plaintiff, v. Richard C. BOSSARD, Floyd Bossard, James T. Maddux, Zane K. Sullivan, Kenneth A. High, Defendants. Zane K. SULLIVAN, Third-Party Plaintiff, v. AMERICAN LAND TITLE CO. OF RAVALLI COUNTY, Third-Party Defendant.

Supreme Court of Montana.

Decided March 10, 1987.


Attorney(s) appearing for the Case

Boone, Karlberg & Haddon, William L. Crowley, Missoula, for Sullivan.

Worden, Thane & Haines, Robert J. Phillips, Missoula, for American Land Title Co.


SHEEHY, Justice.

This is an appeal from a judgment of the District Court, Fourth Judicial District, County of Ravalli, ordering appellant to contribute his pro rata share as a guarantor on a promissory note. We affirm.

Appellant Sullivan was a shareholder in the Title Company, a Montana corporation in the business of issuing title insurance on real estate. Sullivan and four other shareholders, the respondents in this action, each held one share of stock in...

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