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EAC CREDIT CORPORATION v. KING

No. 73-3998.

507 F.2d 1232 (1975)

EAC CREDIT CORPORATION, Plaintiff-Appellee, v. E. L. KING et al., Defendants, Jess Porter and Joyce Porter, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

February 12, 1975.

Attorney(s) appearing for the Case

Earl Keyes, Jackson, Miss., for defendants-appellants.

Harmon W. Broom, Jackson, Miss., for plaintiff-appellee.

W. E. Gore, Jr., Jackson, Miss., for other interested parties.

Before COLEMAN, CLARK and RONEY, Circuit Judges.

CLARK, Circuit Judge:

In this diversity based action EAC Credit Corporation (EAC) sued to recover financing losses under guaranty agreements which had been executed by the Kings and the Porters in connection with their business operations in Jackson, Mississippi. A jury returned verdicts for EAC on the first three counts of the complaint; the court directed a verdict for defendants on the fourth count. From a judgment imposing joint and several liability against all...

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