Wells Fargo Bank, N.A. v. Nancy J. Nevins & re/max West Realty, Inc.

CourtCourt of Appeals of Iowa
DecidedMarch 12, 2014
Docket4-055 / 13-0944
StatusPublished

This text of Wells Fargo Bank, N.A. v. Nancy J. Nevins & re/max West Realty, Inc. (Wells Fargo Bank, N.A. v. Nancy J. Nevins & re/max West Realty, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wells Fargo Bank, N.A. v. Nancy J. Nevins & re/max West Realty, Inc., (iowactapp 2014).

Opinion

IN THE COURT OF APPEALS OF IOWA

No. 4-055 / 13-0944 Filed March 12, 2014

WELLS FARGO BANK, N.A., Plaintiff-Appellee,

vs.

NANCY J. NEVINS & RE/MAX WEST REALTY, INC., Defendant-Appellant. ________________________________________________________________

Appeal from the Iowa District Court for Dallas County, Brad McCall,

Judge.

Nancy Nevins appeals the district court’s finding she personally

guaranteed the Wells Fargo line of credit extended to her business, RE/MAX

West Realty, Inc. AFFIRMED.

John P. Roehrick of Gaudineer, Comito & George, L.L.P., West Des

Moines, for appellant.

Matthew C. Holmer of Brooks Law Firm, P.C., Davenport, for appellee.

Considered by Vogel, P.J., and Tabor and McDonald, JJ. 2

VOGEL, P.J.

Nancy Nevins appeals the district court’s finding she personally

guaranteed the Wells Fargo line of credit extended to her business, RE/MAX

West Realty, Inc. Nevins argues the statute of frauds precludes the admission of

the oral guarantee. She further asserts the district court improperly relied on the

unpublished decision from this court of her dissolution of marriage when finding

Nevins personally benefitted from the line of credit. While we agree with Nevins

the district court improperly referenced the dissolution of marriage decision, the

error was harmless. We further conclude the statute of frauds does not preclude

the admission of the oral guarantee, as it was an original promise. Therefore, we

affirm.

I. Factual and Procedural Background

Nevins is the owner, president, and employee of a business, RE/MAX

West Realty, Inc. (West Realty).1 In 2006, Nevins was receiving a salary from

her business of approximately $3000 each month as well as a year-end bonus.

On November 13, 2006, Nevins was solicited by Wells Fargo to open a line of

credit for her business. The phone conversation was recorded. During the

conversation, the following exchange occurred:

Female Voice: You personally guarantee to pay Wells Fargo upon demand all that the applicant owes on the BusinessLine account. As guarantor you authorize Wells Fargo, without notice or prior consent, to change any of the terms including the amount of credit available on the applicant’s BusinessLine account . . . . If you understand and agree to these terms please respond now with a yes; if you do not please respond with a no.

1 Nevins originally owned fifty-one percent of the business, and her husband, Lyle Nevins, owned forty-nine percent. However, in the distribution of assets in the dissolution of marriage, Nancy Nevins became the sole owner. 3

Nancy Nevins: Yes. Female Voice: You understand and agree to these terms and conditions? Nancy Nevins: Yes.

Checks, which were to be used to draw off the line of credit, as well as

information and written terms of the agreement, were mailed to Nevins. No

withdrawals were made on the account until July 3, 2008. After that time a total

amount of $102,700 in cash advances were made to West Realty. West Realty

subsequently defaulted on the payments, and a judgment was obtained against

the company. Wells Fargo then sued Nevins personally. Trial was held on April

18, 2013, and on May 14, the district court entered a ruling finding Nevins

personally liable to Wells Fargo for the outstanding balance of $103,709.10.

Nevins appeals.

II. Standard of Review

We review the district court’s ruling for errors at law. See City of

Dubuque v. Iowa Trust, 587 N.W.2d 216, 220 (Iowa 1998).

III. Judicial Notice

Nevins asserts the district court improperly took judicial notice of the

dissolution of marriage decision from this court between Nancy Nevins and her

former husband, Lyle Nevins. Wells Fargo acknowledges that the district court

erred in taking judicial notice of the decision but asserts the error is harmless.

The district court’s decision stated: “Finally, as the owners of West Realty,

both Nevins and her husband stood in a position that they were able to (and did)

borrow money from the corporation.” It then added this footnote: “See, In re

Marriage of Nevins, No. 2-544/11-1541 (Iowa App. 2012).” Nevins objects to 4

this, as one factor that may be considered when determining whether the

promise is original is whether the promisor personally benefitted from the

contract, that is:

In many cases where an oral promise by a stockholder, officer, or director to pay for goods or articles furnished to the corporation was held to be original and thus not within the statute of frauds, on the ground that the promise was to secure some personal benefit to the promisor . . . .

Maresh Sheet Metal Works v. N.R.G., Ltd., 304 N.W.2d 436, 439 (Iowa 1981)

(internal citation omitted).

While during the testimony in the present action the dissolution of

marriage was mentioned several times, it does not appear that this court’s

decision was entered as an exhibit. We therefore agree with Nevins the district

court erred in referencing the dissolution decision without the consent of the

parties. See Troester v. Sisters of Mercy Health Corp., 328 N.W.2d 308, 311

(Iowa 1982) (“[I]t was improper for the district court to consider or to take judicial

notice of the records of the same court in a different proceeding, without an

agreement of the parties.”).

However, the reference was harmless, as there was ample evidence in

the record for the district court to draw the same conclusion—that Nevins

personally benefited from the Wells Fargo advances due to her ownership

interest in, and regular salary received, from West Realty. Nevins testified the

cash advances were used for daily operations, real estate taxes, and employee

salaries. There were only two full time employees, Nevins and a secretary.2 It

2 Lyle testified that he was paid some year-end dividends in the early years of the company. 5

was her salary from West Realty which Lyle testified was the primary income

source for the couple’s household expenses. Moreover, it was not essential to

the disposition of the case for the district court to conclude Nevins personally

benefitted from the contract, considering that is only one factor in analyzing

whether the promise was original and therefore outside the statute of frauds.

See Maresh Sheet Metal Works, 304 N.W.2d at 439. Consequently, we

conclude that, while the district court erred in taking judicial notice of this court’s

decision regarding the dissolution of marriage between Nancy and Lyle Nevins,

the error was harmless.

IV. Statute of Frauds

Nevins further argues the statute of frauds precludes the admission into

evidence the transcript of Nevins’s oral promise to personally guarantee the debt

incurred on behalf of West Realty. She asserts this promise was collateral to the

contract and therefore inadmissible because it is within the statute of frauds.

The statute of frauds is an evidentiary rule that precludes the admission of

certain oral agreements. Iowa Code § 622.32 (2009).

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Related

Troester v. Sisters of Mercy Health Corp.
328 N.W.2d 308 (Supreme Court of Iowa, 1982)
City of Dubuque v. Iowa Trust
587 N.W.2d 216 (Supreme Court of Iowa, 1998)
Gallagher, Langlas & Gallagher v. Burco
587 N.W.2d 615 (Court of Appeals of Iowa, 1998)
Maresh Sheet Metal Works v. N. R. G., Ltd.
304 N.W.2d 436 (Supreme Court of Iowa, 1981)
Johnson v. Knapp
36 Iowa 616 (Supreme Court of Iowa, 1873)

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