CARNEY v. CENTRAL NAT. BANK OF GREENCASTLE

No. 1-1082A284.

450 N.E.2d 1034 (1983)

Al CARNEY, Also Known As Richard A. Carney, Donald G. Key and Bobby J. Key, Defendants below, Donald G. Key, Defendant-Appellant, v. CENTRAL NATIONAL BANK OF GREENCASTLE, Indiana, Plaintiff-Appellee.

Court of Appeals of Indiana, First District.

Rehearing Denied July 28, 1983.


Attorney(s) appearing for the Case

Richard W. Lorenz, Hickam & Hickam, Spencer, for defendant-appellant.

John A. Kendall, Larry R. Hesson, Kendall, Wood, Coleman, Kessinger & Hesson, Danville, J. Lamont Harris, Harding & Henthorn, Crawfordsville, for plaintiff-appellee.


NEAL, Judge.

STATEMENT OF THE CASE

Defendant-appellant Donald G. Key (Key) appeals an adverse summary judgment in favor of Central National Bank of Greencastle, Indiana (CNB) on his guaranty agreement.

We affirm.

STATEMENT OF THE FACTS

On January 5, 1979, CNB made a loan of $150,004 to Al Carney Chevrolet Buick, Inc. (Corporation) and took its note and security agreement. The note became due on January 5, 1980. CNB took as additional...

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