Exchange National Bank v. Pantages

Citations

• 74 Wash. 481
• 133 P. 1025
• 1913 Wash. LEXIS 2082

Syllabus

<p>Guaranty — Telegram—Construction. Where a corporation, upon demand for payment or security of its note given to a bank for a loan, sought a renewal agreeing that its president should guarantee the note, and the president, knowing that the bank was not satisfied, telegraphed “Tell bank I request them to renew note ... I will arrange things satisfactory to them upon my return,” which caused the bank to forebear, the telegram was understood as, and was, a guaranty of the note; since no particular form of words is necessary and the writing must be so construed as to determine the intention of the parties.</p>