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BULLOCK v. KEHOE

No. B14-83-599CV.

678 S.W.2d 558 (1984)

Ray K. BULLOCK, et al., Appellants, v. Marvel Putnam KEHOE, Appellee.

Court of Appeals of Texas, Houston (14th Dist.).

June 7, 1984.

Attorney(s) appearing for the Case

Maurice Bresenhan, Jr., Byrnes, Martin, Bresenhan & Sinex, J. Edwin Smith, Smith, Schulman, Rawitscher & Carnahan, Frank R. Young, Ben Adams, Jr., Houston, for appellants.

Don Fogel, Jenkens, Gilchrist & Heath, Richard Flowers, Butler & Binion, John Schwartz, Liddell, Sapp, Zivley & Brown, Houston, for appellee.

Before PAUL PRESSLER, ROBERTSON and ELLIS, JJ.

OPINION

PAUL PRESSLER, Justice.

Appellee recovered on guaranty agreements given by each of the appellants. We affirm.

In May 1972, appellants each guaranteed $50,000 of a note for $312,564.85 which was given by C.J. Kehoe to appellee as part of the property settlement agreement incident to their divorce. Each guaranty recites the principal amount of the note as $312,564.85, with interest only payable quarterly for the first five years, and all principal...

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