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W. PA. N. BANK v. PEOPLES U.B. & T. CO.

439 Pa. 304 (1970)

Western Pennsylvania National Bank, Appellant, v. Peoples Union Bank and Trust Company.

Supreme Court of Pennsylvania.

July 2, 1970.

Attorney(s) appearing for the Case

Robert G. Sable, with him Baskin, Boreman, Sachs, Gondelman & Craig, for appellant.

Lawrence N. Ravick, with him James E. Lomeo, for appellee.

Before JONES, COHEN, EAGEN, O'BRIEN, ROBERTS and POMEROY, JJ.

OPINION BY MR. JUSTICE ROBERTS, July 2, 1970:

Stephen and Elizabeth Orlando and a group of people interested in the financial health of the Little Miss Canning Company entered into an agreement with the Western Pennsylvania National Bank in 1966 in which WPNB agreed to lend the corporation substantial sums of money if the principals involved would agree to be personally liable on the loans. The Orlandos gave WPNB their judgment...

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