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GUARDIAN STATE BANK v. HUMPHERYS

No. 19703.

762 P.2d 1084 (1988)

GUARDIAN STATE BANK, a Utah corporation, Plaintiff and Appellee, v. Roy W. HUMPHERYS, Defendant and Appellant.

Supreme Court of Utah.

September 28, 1988.

Attorney(s) appearing for the Case

Stephen B. Mitchell, Salt Lake City, for plaintiff and appellee.

Ronald G. Schiess, L. Rich Humpherys, Salt Lake City, for defendant and appellant.

STEWART, Justice:

Guardian State Bank brought this action on a promissory note executed by appellant Roy W. Humpherys. From a summary judgment in favor of the bank, Humpherys appeals.

On July 11, 1979, Humpherys obtained a loan from Empire State Bank in the principal amount of $100,000, evidenced by a promissory note in favor of Empire for that amount plus interest. The note was due and payable in full on January 8, 1980. The loan was obtained to enable Humpherys...

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