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                                                                   Exhibit 10.29
                         SECURED TERM PROMISSORY NOTE
                                   (RENEWAL)

$7,100,000.00                                                  November 12, 1997
                                                                   Dallas, Texas

     FOR VALUE RECEIVED, this Secured Term Promissory Note (this "Note") is made
                                                                  ----
by JAYHAWK MEDICAL ACCEPTANCE CORPORATION, a Texas corporation ("Maker"), to
CARL H. WESTCOTT ("Payee").

     1.   Payments.  Maker hereby promises to pay to the order of Payee the
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principal sum of SEVEN MILLION ONE HUNDRED THOUSAND DOLLARS ($7,100,000.00) at
his address at 100 Crescent Court, Suite 1620, Dallas, Texas 75201, or such
other place as the holder hereof may designate from time to time in writing, in
lawful money of the United States of America and in immediately available funds,
together with interest on the unpaid principal balance hereof at the rate
provided herein from the date of this Note until payment in full of the
indebtedness evidenced by this Note. The principal amount of this Note
outstanding and interest on the outstanding principal balance hereunder shall be
due and payable as follows:  within one (1) business day following the receipt
by Maker of payments in respect of the Jaymed Claim (as defined in the Joint
Plan of Reorganization of Jayhawk Acceptance Corporation under Chapter 11 of the
Bankruptcy Code proposed by the Debtor and the Creditors Committee, dated August
19, 1997, as modified and confirmed pursuant to Section 1129 of the Bankruptcy
Code) from Jayhawk Acceptance Corporation, the parent corporation of Maker, an
amount equal to the payment so received by Maker shall be made to Payee, until
all principal and interest accrued hereunder shall be paid in full, provided
notwithstanding the foregoing, all remaining principal and interest accrued
hereunder shall become due and payable on the second anniversary of this Note
(the "Maturity Date").

     2.   Final Payment.  On the Maturity Date, all amounts hereunder shall
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immediately become due and payable without demand or notice.  All payments
received by Payee (whether of principal, interest or other amounts) which are
applied at any time by Payee to indebtedness evidenced by this Note shall be
applied first to accrued interest and then to principal.

     3.   Interest Rate.  The principal amount outstanding from time to time
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hereunder shall bear interest calculated daily on the basis of a 360-day year,
at a rate equal to the Prime Rate.  As used herein, the term "Prime Rate" shall
mean the prime rate of interest per annum of NationsBank Texas, N.A., as
determined from time to time by NationsBank Texas, N.A., as its prime rate of
interest fluctuating upward or downward on the business day of each such
determination.

     4.   Maximum Rate.  It is the intention of the Maker and Payee to conform
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strictly to any usury laws in force that apply to this transaction.
Accordingly, all agreements among the parties hereto whether previously
existing, now existing or hereafter arising and whether written or oral, are
hereby limited so that in no contingency, whether by reason of acceleration of
the maturity of the amounts owing under this Note or otherwise, shall the
interest (and all other sums
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that are deemed to be interest) contracted for, charged or received by Payee
with respect to this Note, exceed the Highest Lawful Rate. The "Highest Lawful
Rate" means the maximum nonusurious interest rate that at any time or from time
to time may be contracted for, taken, reserved, charged or received under the
laws of the United States and the laws of such states as may be applicable
thereto which are presently in effect or, to the extent allowed under such
applicable laws of the United States and the laws of such states, which may
hereafter be in effect and which allow a higher maximum nonusurious interest
rate than applicable laws now allow. If, from any circumstance whatsoever,
interest under any agreement to which Maker and Payee are parties would
otherwise be payable in excess of the Highest Lawful Rate, and if from any
circumstance Payee shall ever receive anything of value deemed interest by
applicable law in excess of the Highest Lawful Rate, then Payee's receipt of
such excess interest shall be deemed a mistake and the same shall, so long as no
Event of Default under this Note or the Security Agreement shall be continuing,
at the option of Maker, either be repaid to Maker or credited to the unpaid
principal; provided, however, that if an Event of Default shall have occurred
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and be continuing, and Payee shall receive excess interest during such period,
then Payee shall have the option of either crediting such excess amount to
principal or refunding such excess amount to Maker. All interest paid or agreed
to be paid to Payee shall, to the extent allowed by applicable law, be
amortized, prorated, allocated, and spread throughout the full period of Maker's
credit relationship with Payee until payment in full of the principal (including
the period of any renewal or extension) so that the interest for such full
period shall not exceed the Highest Lawful Rate.

     5.   Prepayment.  This Note may be prepaid, in whole or in part, without
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premium or penalty.  All prepayments shall be applied first to accrued interest
and then to principal.

     6.   Default Rate.  Upon the failure of Maker to make any payment of
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principal or interest on, or any amount owing in respect of, the indebtedness
evidenced by this Note, or any other amounts payable by Maker to Payee pursuant
to the terms hereof or any other agreement, when due and payable or declared due
and payable, the interest rate applicable to this Note shall be increased by the
lesser of three percent (3%) per annum above the rate otherwise applicable or
the Highest Lawful Rate.

     7.   Security Agreement.  This Note, including the principal, interest and
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fees and costs payable pursuant hereto, is secured by, among other things, that
certain Security Agreement between Maker and Payee, dated as of March 6, 1997
(the "Security Agreement"), and all covenants, agreements and undertakings of
Maker set forth therein are incorporated in and made part of this Note with the
same force as if fully set forth herein.

     8.   Event of Default.  The occurrence of any one or more of the following
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shall constitute an "Event of Default" hereunder:

          (a) Maker shall fail to pay any principal, interest or other amounts
     when due and payable or declared due and payable (whether at maturity, by
     acceleration or otherwise) under this Note or under any other promissory
     note made by Maker in favor of Payee;
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          (b) Maker shall fail or neglect to perform, keep or observe any
     provision, condition, covenant or warranty contained in this Note or in the
     Security Agreement (other than as set forth in paragraph 8(a) of this
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     Note);

          (c) A judgment or judgments for the payment of money in excess of
     $50,000 in the aggregate shall be rendered against Maker and any such
     judgment or judgments shall, if unsatisfied, remain unstayed for a period
     in excess of thirty (30) days;

          (d) The Collateral (as defined in the Security Agreement) or any
     assets of Maker are attached, seized, levied upon or subjected to a writ or
     distress warrant, or come within the possession of any receiver, trustee,
     custodian or assignee for the benefit of creditors and the same is not
     cured within thirty (30) days thereafter; an application is made by any
     person, other than Maker, for the appointment of a receiver, trustee, or
     custodian for Maker's assets and the same is not dismissed within thirty
     (30) days after the application therefor;

          (e) An application is made by Maker for the appointment of a receiver,
     trustee or custodian for any of Maker's assets; a petition under any
     section or chapter of the Bankruptcy Code or any similar law or regulation
     shall be filed by Maker; or Maker shall make an assignment for the benefit
     of its creditors or any case or proceeding is filed by Maker for its
     dissolution, liquidation, or termination;

          (f) Maker shall be enjoined, restrained or in any way prevented by
     court order from conducting all or any material part of its business
     affairs; a petition under any section or chapter of the Bankruptcy Code or
     any similar law or regulation is filed against Maker or any case or
     proceeding is filed against Maker for its dissolution or liquidation, and
     such injunction, restraint or petition is not dismissed within thirty (30)
     days after the entry or filing thereof;

          (g) A notice of lien, levy or assessment is filed of record with
     respect to all or any of Maker's assets by the United States, or any
     department, agency or instrumentality thereof, or by any state, county,
     municipal or other governmental agency, including, without limitation, the
     Pension Benefit Guaranty Corporation, or if any taxes or debts owing at any
     time or times hereafter to any one of these becomes a lien or encumbrance
     upon any of Maker's assets and the same is not released within thirty (30)
     days after the same becomes a lien or encumbrance; or

          (h) Maker becomes insolvent or admits in writing its inability to pay
     its debts as they mature or communicates its intention to petition for
     protection under the Bankruptcy Code or apply for the appointment of a
     receiver, trustee or custodian.

     9.   Remedies.  Upon and after the occurrence and continuance of an Event
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of Default, Payee shall have the option, without demand or notice or legal
process of any kind, to declare the unpaid principal of this Note, together with
interest thereon and any other sums owing hereunder,
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at once due and payable, and to exercise any and all other rights and remedies
available hereunder or under the Security Agreement, or otherwise available at
law or in equity.

     10.  Remedies Cumulative.  The remedies of Payee, as provided herein, shall
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be cumulative and concurrent, and may be pursued singularly, successively or
together, at the sole discretion of Payee, and may be exercised as often as
occasion therefor shall arise.  No act of omission or commission of Payee,
including specifically any failure to exercise any right, remedy or recourse,
shall be deemed to be a waiver or release of the same, such waiver or release to
be effected only through a written document executed by Payee and then only to
the extent specifically recited therein.  A waiver or release with reference to
any one event shall not be construed as continuing, as a bar to, or as a waiver
or release of, any subsequent right, remedy or recourse as to a subsequent
event.

     11.  Costs of Collection.  Maker promises to pay all of Payee's costs of
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collection of every kind, including but not limited to all reasonable attorneys'
fees, court costs, and expenses of every kind, incurred by Payee in connection
with the collection (including, but not limited to collection through a
bankruptcy or other court) or enforcement of this Note.  If Payee or its
affiliates advance any additional amounts to or on behalf of Maker, then the
principal amount of this Note may, at the option of Payee, be increased by the
amounts so advanced, and Maker agrees to repay such additional amounts pursuant
to the terms hereof.

     12.  Waivers.  Maker and each surety, endorser, guarantor and other party
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now or hereafter liable for the payment of any sums of money payable on this
Note, hereby severally (a) waive demand, presentment for payment, notice of
dishonor, notice of nonpayment, protest, notice of protest, notice of intent to
accelerate, notice of acceleration and all other notices, filing of suit and
diligence in collecting this Note or enforcing any other security with respect
to same, (b)  agree to any substitution, subordination, exchange  or release of
any such security or the release of any parties primarily or secondarily liable
hereon, (c) agree that Payee shall not be required first to institute suit or
exhaust its remedies hereunder against Maker, or others liable or to become
liable hereon or to enforce its rights against them or any security with respect
to same, (d) consent to any and all renewals, extensions, indulgences, releases
or changes regardless of the number of such renewals, extensions, indulgences,
releases or changes, without notice thereof, and (e) agree to the application of
any deposit balance with Payee as payment or part payment hereon or as an offset
hereto.  No such conduct shall affect, impair, release or change the liability
of Maker, surety, endorser, guarantor and any other party.  No waiver by Payee
of any of its rights or remedies hereunder or under any other document
evidencing or securing this Note or otherwise shall be considered a waiver of
any other subsequent right or remedy of Payee; no delay or omission in the
exercise or endorsement by Payee of any rights or remedies shall ever be
construed as a waiver of the same or any other right or remedy of Payee; and no
exercise or enforcement of any such right or remedy shall ever be held to
exhaust any right or remedy of Payee.

     13.  Modification, Extension and Renewal.  This note evidences $7,100,000
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of the principal amount of indebtedness due by Maker to Payee pursuant to that
certain promissory note dated October 1, 1996, made by Maker to the order of
NationsBank Texas, N.A. and subsequently
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assigned to Payee; and together with that certain secured promissory note, dated
of even date herewith executed and delivered by Maker to Payee, in the original
principal amount of $13,739,693.87, is in renewal, extension and modification of
such note. Following the execution and delivery of this Note, the foregoing note
shall be marked "modified, extended and renewed" and shall be attached hereto.
The collateral given under the Security Agreement is not being released or
modified. Further, while the original principal amount hereunder does not
include the interest accrued on the principal amount of the prior notes being
renewed and modified hereby, such accrued interest shall remain due and owing
under the terms of the prior notes and the obligation of Maker to pay to Payee
such accrued and unpaid interest shall remain secured pursuant to the Security
Agreement.

     14.  Notices.  Except as otherwise provided herein, any notice or demand
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which, by the provisions hereof, is required or which may be given to or served
upon the Maker or Payee shall be in writing and, if by telecopy, shall be deemed
to have been validly served, given or delivered when transmitted with a copy
immediately mailed by registered or certified mail, if by personal delivery,
shall be deemed to have been validly served, given or delivered upon actual
delivery and, if mailed, shall be deemed to have been validly served, given or
delivered three (3) business days after deposit in the United States mails, as
registered or certified mail, with proper postage prepaid and addressed to the
party to be notified, at the following addresses (or such other address(es) as a
party may designate for itself by like notice):

If to Maker:   Jayhawk Medical Acceptance Corporation
-----------    2001 Bryan Tower, Suite 600
               Dallas, Texas 75201
               Attention:  President

If to Payee:   Carl H. Westcott
-----------    100 Crescent Court, Suite 1620
               Dallas, Texas 75201

     15.  Successors and Assigns.  This Note shall be binding upon Maker and its
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successors and assigns (including, without limitation, a receiver, trustee or
debtor-in-possession of or for Maker) and shall inure to the benefit of Payee
and its successors and assigns.  Maker may not assign its rights hereunder
without the prior written consent of Payee, in its sole discretion.  Payee may
assign all or a part of its interest in this Note and its rights hereunder to
any party.

     16.  GOVERNING LAW.  THIS NOTE SHALL BE DEEMED A CONTRACT AND INSTRUMENT
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MADE UNDER THE LAWS OF THE STATE OF TEXAS AND ACCEPTED BY PAYEE IN SAID STATE,
THE LOCATION OF PAYEE'S PRINCIPAL PLACE OF BUSINESS, AND ANY AND ALL CLAIMS,
DEMANDS OR ACTIONS IN ANY WAY RELATING THERETO OR INVOLVING ANY DISPUTE BETWEEN
ANY OF THE PARTIES TO THIS NOTE, WHETHER ARISING IN CONTRACT OR TORT, AT LAW, IN
EQUITY OR STATUTORILY, SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH AND/OR
GOVERNED BY THE LAWS OF THE STATE OF TEXAS (EXCEPTING ITS CHOICE OF LAW RULES)
AND THE LAWS OF THE UNITED STATES OF AMERICA.
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MAKER HEREBY IRREVOCABLY SUBMITS ITSELF TO THE NON-EXCLUSIVE JURISDICTION OF THE
STATE AND FEDERAL COURTS OF THE STATE OF TEXAS AND AGREES AND CONSENTS THAT
SERVICE OF PROCESS MAY BE MADE UPON IT IN ANY LEGAL PROCEEDING RELATING TO THE
TRANSACTION DOCUMENTS, THE RELATIONSHIPS CREATED THEREBY OR THE DEBT BY ANY
MEANS ALLOWED UNDER TEXAS OR FEDERAL LAW. VENUE FOR ANY LEGAL PROCEEDING MAY BE
DALLAS COUNTY, TEXAS; PROVIDED, THAT PAYEE MAY CHOOSE ANY VENUE IN ANY STATE
WHICH IT DEEMS APPROPRIATE IN THE EXERCISE OF ITS SOLE DISCRETION.

     17.  WAIVER OF JURY TRIAL.  MAKER AND PAYEE HEREBY KNOWINGLY, VOLUNTARILY
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AND INTENTIONALLY WAIVE ANY RIGHT TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH, THIS
NOTE AND THE SECURITY AGREEMENT OR ANY COURSE OF CONDUCT, COURSE OF DEALING,
STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF PAYEE OR MAKER IN
CONNECTION HEREWITH, WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER
SOUNDING IN CONTRACT, TORT OR OTHERWISE, MAKER AND PAYEE HEREBY CONSENT AND
AGREE THAT ANY SUCH CLAIM, DEMAND, ACTION, CAUSE OF ACTION, SUIT OR PROCEEDING
SHALL BE DECIDED BY A COURT TRIAL, WITHOUT A JURY, AND THAT ANY PARTY MAY FILE
AN ORIGINAL COUNTERPART OR COPY OF THIS NOTE WITH ANY COURT AS WRITTEN EVIDENCE
OF THE OTHER PARTIES' CONSENT TO SUCH.

     18.  Severability.  If any provisions of this Note or any payments pursuant
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to the terms hereof shall be invalid or unenforceable to any extent, the
remainder of this Note and any other payments hereunder shall not be affected
thereby and shall be enforceable to the greatest extent permitted by law.

     19.  Time of the Essence.  Time is of the essence with respect to all of
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Maker's obligations and agreements under this Note and the Security Agreement.

     IN WITNESS WHEREOF, the undersigned have executed and delivered this Note
as of the date and year first above written.

                         MAKER:

                         JAYHAWK MEDICAL ACCEPTANCE CORPORATION


                         By:
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                         Name:
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                         Title:
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