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NORTHWESTERN NAT. BANK v. SWENSON

No. C7-87-66.

414 N.W.2d 543 (1987)

NORTHWESTERN NATIONAL BANK OF MINNEAPOLIS, Appellant, v. Curtis L. SWENSON, Respondent.

Court of Appeals of Minnesota.

Review Denied January 20, 1988.

Attorney(s) appearing for the Case

James B. Loken, D. Charles Macdonald, Faegre & Benson, Minneapolis, for appellant.

Richard D. Donohoo, Seth Colton, Maun, Green, Hayes, Simon, Johanneson & Brehl, St. Paul, for respondent.

Heard, considered and decided by SEDGWICK, P.J., and LANSING and MULALLY, JJ.

OPINION

LANSING, Judge.

Appellant Northwestern National Bank of Minneapolis (now known as Norwest) brought this collection action on two notes which it held as security for loans made to the McGlynn-Garmaker Company (M-G Co.). The notes were delivered to M-G Co. by respondent Curtis Swenson as his investment in Bountiful Limited Partnership, in which M-G Co. was the general partner. M-G Co. defaulted on the loans, and Norwest attempted to collect on the...

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