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JONES v. W.L. COBB CONST. CO., INC.

No. 78-979.

371 So.2d 550 (1979)

Kendrick A. JONES, et al., Appellants, v. W.L. COBB CONSTRUCTION COMPANY, INC., Appellee.

District Court of Appeal of Florida, Second District.

May 30, 1979.

Attorney(s) appearing for the Case

Richard T. Earle, III of Earle & Earle, St. Petersburg, for appellants.

Brian C. Ellis of Dixon, Shear, Brown, Lima & Moffitt, Tampa, for appellee.

HOBSON, Judge.

The owners of certain real property entered into a building contract with General Building Design, Inc., a general contractor. The appellants, capital stockholders of General Building Design, Inc., executed a document entitled "Guaranty of Completion" which stated:

To eliminate the need of a performance and/or payment bond for the construction contract ... each of us hereby jointly and severally represent, warrant and covenant as follows:<...

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