MID-STATES GENERAL AGENCY, INC. v. BANK OF TEXAS

No. 15586.

450 S.W.2d 428 (1970)

MID-STATES GENERAL AGENCY, INC., et al., Appellants, v. BANK OF TEXAS, Appellee.

Court of Civil Appeals of Texas, Houston (1st Dist.).

Rehearing Denied February 12, 1970.


Attorney(s) appearing for the Case

Bryan, Patton & Westmoreland, Chilton Bryan, J. H. Westmoreland, Houston, for appellants.

Robert H. Singleton, Houston, for appellee, Butler, Binion, Rice, Cook & Knapp, Houston, of counsel.


COLEMAN, Justice.

This is a suit on insurance premium notes payable to Bank of Texas and endorsed with full recourse by Mid-States General Agency, Inc., and on a continuing guaranty agreement whereby Art. B. Taylor and J. S. Buckalew guaranteed to Bank of Texas the repayment of "credit and financial accommodations extended or to be extended or continued to Mid-States General Agency, Inc." The trial court granted a summary...

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