[DOWNLOAD] "Guardian State Bank v. F.C. Stangl Iii" by Division Three Court of Appeals of Washington ~ Book PDF Kindle ePub Free

eBook details

Title: Guardian State Bank v. F.C. Stangl Iii
Author : Division Three Court of Appeals of Washington
Release Date : January 13, 1989
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 68 KB

Description

Stangl was a fifty-percent shareholder in, and an officer and director of, Sargetis Fine Cars, Inc., a car dealership in Price, Utah, which Stangl co-owned with John Sargetis. In August, 1979, the dealership obtained a loan of $150,000 from Empire State Bank, the predecessor of Guardian. The dealership executed a promissory note (the "Sargetis note") for $150,000 payable on demand. Stangl and Sargetis executed continuing guaranties of all debts and obligations owed Guardian by the dealership.