NARANS v. PAULSEN

No. 90-6.

803 P.2d 358 (1990)

Stephen R. NARANS, SDKD, Ltd., a Colorado limited partnership; North Basin Investments, a Wyoming corporation; and Energy Inn Partnership, Appellants (Defendants), v. Al PAULSEN, Appellee (Plaintiff).

Supreme Court of Wyoming.

December 17, 1990.


Attorney(s) appearing for the Case

George E. Powers, Jr., of Godfrey & Sundahl, Cheyenne, for appellants.

W.W. Reeves of Reeves & Murdock, Casper, for appellee.

Before URBIGKIT, C.J., and THOMAS, CARDINE, MACY and GOLDEN, JJ.


GOLDEN, Justice.

The central question presented in this appeal is whether one of several co-makers on an original promissory note can become, on a subsequent renewal of that note, an accommodation party who, after he pays off the note, is entitled to recover on the note from the other original co-makers. After a bench trial, the district court judge found that Al Paulsen, O.D., who along with his business associates had signed the original note, was an accommodation...

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