PORTLAND ELEC. & PLUMBING CO. v. COOKE

No. 107 062; CA 18067, No. 107 063; CA 18068.

626 P.2d 397 (1981)

51 Or.App. 555

PORTLAND ELECTRIC AND PLUMBING COMPANY, an Oregon Corporation, Respondent, v. Bernard E. COOKE, Appellant, v. JAMES ROBERT HAYS, Third-Party Defendant. Eoff Electric Company, Inc., an Oregon Corporation, Respondent, v. Bernard E. COOKE, Appellant, v. James Robert Hays, Third-Party Defendant.

Court of Appeals of Oregon.

Decided April 6, 1981.

Reconsideration Denied May 14, 1981.

Review Denied June 9, 1981.


Attorney(s) appearing for the Case

Michael L. Williams, Eugene, argued the cause for appellant. With him on the briefs was Johnson, Harrang, Swanson & Long, Eugene.

Gilbert B. Feibleman, Salem, argued the cause for respondents. With him on the brief was Ramsay, Stein & Feibleman, Salem.

Before RICHARDSON, P.J., and THORNTON and VAN HOOMISSEN, JJ.


VAN HOOMISSEN, Judge.

Defendant appeals summary judgments in favor of plaintiffs in these actions to enforce payment of debts personally guaranteed by defendant. We affirm.

While owning and operating Cooke Electric, an electrical contracting firm, defendant became indebted to the plaintiffs. Defendant decided to incorporate as Big "C" Electric, Inc. He asked plaintiffs' consent to transfer the assets and liabilities of Cooke Electric to Big "C". Plaintiffs...

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