Court Opinion

ID: 9667860
Source: CourtListenerOpinion
Date Created: 2023-08-24 01:56:38.193812+00
Date Added: 2024-06-11T18:15:41.219141
License: Public Domain

BUTTS, Justice,
concurring.
In concurring, I agree with the unchallenged findings of fact, the first that “the only guaranty agreement applicable to the note sued upon is the December 14, 1984, guaranty agreement, and that all prior guaranty agreements had been abandoned and superseded by such December 14, 1984, guaranty agreement.” A further finding was that “the only currently effective note and guaranty agreement at the time of trial were those which Summit Bank originally sued upon, to-wit: the December 14, 1984, note and guaranty agreement of the same date, and that both were executed by the corporation only, and not by the Harrises in their individual capacities.” Thus, the court concluded that the corporation was liable to the Bank and that the individuals had no liability.