NICOLL v. COMMUNITY STATE BANK

No. 25A04-8711-CV-345.

529 N.E.2d 386 (1988)

Donald R. NICOLL and Marian J. Nicoll, Appellants, v. COMMUNITY STATE BANK, Appellees.

Court of Appeals of Indiana, Fourth District.

Rehearing Denied December 15, 1988.


Attorney(s) appearing for the Case

John O. Worth, Julie A. Hughes, Worth Law Office, Rushville, for appellants.

Donald J. Tribbett, Walker Starr Austen & Tribbett, Logansport, for appellees.


MILLER, Judge.

On December 12, 1985, Community State Bank, Royal Center, Indiana [CSB], the appellee, brought suit against Donald R. Nicoll and Marian Nicoll, the appellants, on a promissory note [Personal Note] executed by Donald Nicoll and guaranteed by Marian Nicoll. The Nicoll's filed an answer and counter-claim which alleged CSB, in a separate transaction with the Nicolls, required them to purchase a hedging contract as security for a thirty thousand dollar ...

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