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BANKERS TRUST OF S.C. v. COLLINS

20571

270 S.C. 26 (1977)

239 S.E.2d 889

BANKERS TRUST OF SOUTH CAROLINA, Respondent, v. Fred J. COLLINS, Jr., Appellant.

Supreme Court of South Carolina.

December 27, 1977.

Attorney(s) appearing for the Case

Robert M. Ariail and Paul J. Foster, Jr., of Foster and Richardson, Greenville, for Appellant.

O. Doyle Martin and Louis G. Sullivan, II, of Leatherwood, Walker, Todd & Mann, Greenville, for Respondent.

December 27, 1977.

Per Curiam:

This action was commenced by Bankers Trust of South Carolina, hereafter referred to as "the Bank," against Fred J. Collins, Jr., hereafter referred to as "Collins," to recover on a general guaranty agreement. The guaranty agreement was executed by Collins to insure the payment of a promissory note in the amount of $46,242.99 from Fay A. Cannon to the Bank. The Bank sought to recover...

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