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McGHEE v. FIRST STATE BANK AND TRUST CO.

No. 89-CA-245-MR.

793 S.W.2d 133 (1990)

Marilyn McGHEE, Appellant, v. FIRST STATE BANK AND TRUST COMPANY OF MANCHESTER, KENTUCKY, Appellee.

Court of Appeals of Kentucky.

Rehearing Denied August 17, 1990.

Attorney(s) appearing for the Case

Stephan Charles, Manchester, for appellant.

John M. Lang, Tamara J. Patrick, Reece, Lang & Breeding, P.S.C., London, for appellee.

Before GUDGEL, McDONALD and WILHOIT, JJ.

WILHOIT, Judge.

On October 12, 1983, the appellant, Marilyn Emmons McGhee, signed a $6,000 promissory note payable to the appellee, First State Bank of Manchester, Kentucky. There is no question that Ms. McGhee signed the note solely to accommodate Leslie Hensley who received the proceeds of the loan and who was unable to borrow any sums from the bank without an accommodation endorser. The note, which bore an interest rate of 12 1/2 percent, came due on April 9, 1984...

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