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REECE v. FIRST STATE BANK OF DENTON

No. B-7173.

566 S.W.2d 296 (1978)

E. R. REECE, Petitioner, v. FIRST STATE BANK OF DENTON, Texas, Respondent.

Supreme Court of Texas.

May 17, 1978.

Attorney(s) appearing for the Case

Royce Coleman, Denton, for petitioner.

Kelsey, Wood & Gregory, D. Michael Gregory and Richard H. Kelsey, Denton, for respondent.

DENTON, Justice.

This is a suit brought by First State Bank of Denton, Texas, against E. R. Reece on a continuing guaranty contract. The question presented is whether Reece is liable on his continuing guaranty for corporate indebtedness when a subsequent promissory note was forged. After a jury trial, the court withdrew the case from the jury and rendered judgment against Reece and in favor of the bank for the remaining indebtedness on a delinquent corporate note...

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