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WARRIOR CONSTRUCTORS, INC. v. SMALL BUS. INV. CO.

No. 1244.

536 S.W.2d 382 (1976)

WARRIOR CONSTRUCTORS, INC., Appellant, v. The SMALL BUSINESS INVESTMENT COMPANY OF HOUSTON, Appellee.

Court of Civil Appeals of Texas, Houston (14th Dist.).

Rehearing granted in part and Rehearing Denied in part with opinion, April 14, 1976.

Attorney(s) appearing for the Case

William M. Coats, Wilson & Guest, Houston, for appellant.

Robert L. Hines, Houston, for appellee.

CURTISS BROWN, Chief Justice.

This is a suit by a creditor against a partial guarantor to collect on a note on which the debtor has defaulted.

The Small Business Investment Company of Houston (SBIC or appellee) filed suit against Warrior Constructors, Inc. (Warrior or appellant) to recover the sum of $35,000, which was the remaining unpaid principal on a $60,000 note that Warrior had guaranteed to the extent of...

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