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ALLEN SALES AND SERVICENTER, INC. v. RYAN

No. 17560.

517 S.W.2d 700 (1974)

ALLEN SALES AND SERVICENTER, INC., et al., Appellants, v. Shelton RYAN et al., Appellees.

Court of Civil Appeals of Texas, Fort Worth.

Rehearing Denied December 27, 1974.

Attorney(s) appearing for the Case

L. A. Nelson, Jr., Denton, for appellants.

Michael J. Whitten, Denton, for appellees.

OPINION

MASSEY, Chief Justice.

Allen Sales and Servicenter, Inc. made to Shelton Ryan and Wayne Ryan a note in the principal amount of $10,000.00, payable in five successive annual installments of $2,000.00 each, plus accrued interest on the unpaid principal balance, on June 1st of each year, the first installment to be paid June 1, 1972. This note was guaranteed by N. R. Allen, individually, as to "the full payment of the within note, and all sums falling...

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