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BANK OF AMERICA v. LAMB FINANCE CO.

Docket No. 23997.

179 Cal.App.2d 498 (1960)

3 Cal. Rptr. 877

BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION (a National Banking Association), Respondent, v. LAMB FINANCE COMPANY, INC. (a Corporation) et al., Defendants; LEAH LAMB POYET, Appellant.

Court of Appeals of California, Second District, Division One.

April 6, 1960.

Attorney(s) appearing for the Case

S.L. Kurland, Henry F. Poyet, Otto Jacobs and Earle K. Stanton for Appellant.

Samuel B. Stewart, Hugo A. Steinmeyer, Robert H. Fabian, and W.H. Taylor, Jr., for Respondent.

LILLIE, J.

Appellant, Leah Lamb Poyet, sole shareholder and, after May, 1953, president of defendant Lamb Finance Company, Inc., was sued, with the corporation, by the Bank of America for recovery of $48,210.56 plus interest on a promissory note dated October 19, 1953, executed by the corporation and guaranteed by her. The bank, among other things, attached her residence. Both defendants cross-complained against the bank seeking relief from liability on the note and...

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