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FIRST INTERSTATE BANK OF NEVADA v. SHIELDS

No. 16679.

730 P.2d 429 (1986)

FIRST INTERSTATE BANK OF NEVADA, a national banking corporation, Appellant, v. Allan D. SHIELDS and Fern Shields, Respondents.

Supreme Court of Nevada.

December 23, 1986.

Attorney(s) appearing for the Case

Hale, Lane, Peek, Dennison & Howard and Donald A. Lattin, and Gregg Zive, Reno, for appellant.

Diehl, Evans & Associates, Fallon, for respondents.

OPINION

PER CURIAM:

Respondent Allan D. Shields and Robert Boucher formed a partnership under the name of Farmhouse Properties. Farmhouse Properties borrowed $88,000 from appellant First Interstate Bank (FIB). The loan was evidenced by a promissory note secured by a deed of trust on realty. Allan Shields, respondent Fern Shields and Boucher personally guaranteed the payment of the note. Allan Shields thereafter sold his interest in the partnership. The purchaser...

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