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AETNA LIFE INS. CO. v. ANDERSON

No. 87-1701.

848 F.2d 104 (1988)

AETNA LIFE INSURANCE COMPANY, Appellee, v. David R. ANDERSON, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided June 2, 1988.

Attorney(s) appearing for the Case

Gary L. Dolan, Lincoln, Neb., for appellant.

John H. Bernstein, Omaha, Neb., for appellee.

Before JOHN R. GIBSON, BOWMAN, and WOLLMAN, Circuit Judges.

BOWMAN, Circuit Judge.

Aetna Life Insurance Company (Aetna) brought this diversity suit against David R. Anderson (Anderson) seeking to collect on a guaranty. After a bench trial, judgment was entered in favor of Aetna. Anderson appeals. We affirm.

I.

Anderson was the president and a shareholder of Ineba Ranch, Inc. (Ineba Ranch). On May 19, 1978, Aetna made a loan to Ineba Ranch in the principal amount...

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