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BAILEY v. FIRST NAT. BANK OF CHADRON

No. A-06-060.

741 N.W.2d 184 (2007)

16 Neb. App. 153

Douglas BAILEY and Lee Ann Bailey, appellants, v. FIRST NATIONAL BANK OF CHADRON, appellee.

Court of Appeals of Nebraska.

November 13, 2007.

Attorney(s) appearing for the Case

John F. Simmons, of Simmons Olsen Law Firm, P.C., Scottsbluff, for appellants.

Michael V. Smith, of Smith, King & Freudenberg, P.C., Gordon, for appellee.

Inbody, Chief Judge, and CARLSON and MOORE, Judges.

MOORE, Judge.

I. INTRODUCTION

Douglas Bailey and Lee Ann Bailey filed a complaint against First National Bank of Chadron (FNBC) in the district court for Dawes County, alleging that FNBC was required to release them from their guaranties of certain loans and that FNBC wrongfully set off $57,726.17 out of a certificate of deposit to pay debts guaranteed by the Baileys. The Baileys further alleged that FNBC instructed the buyer of certain assets of Bailey...

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