PARRISH v. TERRE HAUTE SAV. BANK

No. 1-181A31.

431 N.E.2d 132 (1982)

Clyde F. PARRISH, Shirley H. Parrish, John A. Roshel, Jr., William G. Kessel, Clifford G. Schultz, Betty L. Schultz, Kenneth E. Borders, Irene R. Borders, Robert G. Clouse, and Bonnidell A. Clouse, Appellants-Defendants, v. TERRE HAUTE SAVINGS BANK, an Indiana Corporation, Appellee-Plaintiff.

Court of Appeals of Indiana, Fourth District.

February 9, 1982.


Attorney(s) appearing for the Case

Robert A. Hutchens, Patrick, Gabbert, Wilkinson, Goeller & Modesitt, Terre Haute, for appellants-defendants.

Arnold H. Brames, Brames, Bopp & Haynes, Terre Haute, for appellee-plaintiff.


CONOVER, Judge.

Defendants-appellants Parrish et al., Shareholders of R.P.S. Industries, Inc. (R.P.S.) appeal from a judgment entered in favor of plaintiff-appellee Terre Haute Savings Bank (Bank) pursuant to a jury's verdict. The Bank sued the shareholders who had individually signed a promissory note payable to the bank when the corporation defaulted in making the payments provided in the note.

We affirm in part and reverse in part.

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