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FIRST NATIONAL BANK, HOPE, ARKANSAS v. FOSTER

451 S.W.2d 434 (1969)

The FIRST NATIONAL BANK, HOPE, ARKANSAS, et al., Appellees, v. J. Madison FOSTER, Appellant.

Court of Appeals of Tennessee, Western Section.

Certiorari Denied March 2, 1970.

Attorney(s) appearing for the Case

Henry M. Beaty, Jr., Memphis, for appellant.

Threlkeld & Howard, Memphis, for appellee.

Certiorari Denied by Supreme Court March 2, 1970.

MATHERNE, Judge.

This is a suit in Chancery wherein the complainant First National Bank of Hope, Arkansas sued the defendant under the terms of a guaranty wherein the defendant and other individuals guaranteed the payment to the bank of any and all indebtedness owed to the bank by The Hope Lumber Manufacturing Company, Inc., up to a total amount not in excess of $75,000.00.

The Chancellor entered a...

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