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FIRST NAT. BANK IN DALLAS v. LOVE

No. 5253.

584 S.W.2d 345 (1979)

FIRST NATIONAL BANK IN DALLAS, Appellant, v. P. John LOVE et al., Appellees.

Court of Civil Appeals of Texas, Eastland.

Rehearing Denied July 12, 1979.

Attorney(s) appearing for the Case

John M. Skrhak, Jr., Jackson, Walker, Winstead, Cantwell & Miller, Dallas, for appellant.

Dan W. Shieder, Jr., Dallas, Henry W. Simon, Jr., Fort Worth, Thomas A. Melody, Dallas, for appellees.

McCLOUD, Chief Justice.

Plaintiff, First National Bank in Dallas, sued defendants, P. John Love, George Richard Holmes, and Elva J. Gant, as guarantors, pursuant to a written guaranty agreement, of a $50,000 indebtedness owed by a third party, Metroplex Properties, Inc. The three defendants, all officers of Metroplex, executed identical individual guaranty agreements in connection with the $50,000 loan. Metroplex was placed in bankruptcy, and the $50,000 note was...

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