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SHERATON HAWAII CORPORATION v. POSTON

No. 4789.

454 P.2d 369 (1969)

SHERATON HAWAII CORPORATION, a Delaware Corporation, authorized to do business in Hawaii, v. Louana POSTON and Diana Moncado.

Supreme Court of Hawaii.

Rehearing Denied May 13, 1969.

Attorney(s) appearing for the Case

Howard K. Hoddick, Honolulu (Robertson, Castle & Anthony, Honolulu, of counsel), for appellant.

Wilson C. Moore, Jr., Honolulu (Henshaw, Conroy & Hamilton, Honolulu, of counsel), for respondents.

Before RICHARDSON, C.J., MARUMOTO, ABE and LEVINSON, JJ., and OKINO, Circuit Judge, assigned by reason of vacancy.

LEVINSON, Justice.

In November 1963, the present suit was brought under a guaranty contract by the plaintiff-appellee (Sheraton) against the defendant-appellant (Louana Poston) and another defendant who did not appeal (Diana Moncado). The contract, signed by both defendants as individuals, provided that they would guarantee performance of a lease between Sheraton and Ivories and Art Crafts, Ltd. (Ivories), a corporation of which the defendants were principal officers...

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