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UNITED STATES v. SOUTHERN CYCLE ACCESS., INC.

No. 77-2753 Summary Calendar.

567 F.2d 296 (1978)

UNITED STATES of America, Plaintiff-Appellee, v. SOUTHERN CYCLE ACCESSORIES, INC., et al., Defendants, Grace V. Thielman Gill, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

February 3, 1978.

Attorney(s) appearing for the Case

Clinton Hyatt Jr., Baton Rouge, La., for defendant-appellant.

Edward L. Shaheen, U. S. Atty., D. H. Perkins, Levin H. Harris, Asst. U. S. Attys., Shreveport, La., for plaintiff-appellee.

Before COLEMAN, GODBOLD, and TJOFLAT, Circuit Judges.

PER CURIAM:

The United States brought this action against the debtor and five individuals who were signatories to a Small Business Administration Standard Form Guaranty Agreement. The undisputed facts are as follows.

On February 28, 1972, Southern Cycle Accessories, Inc. executed and delivered to Bossier Bank and Trust Company a promissory note in the amount of $21,000 and a chattel mortgage as security on the note. On the same day a guaranty agreement was...

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