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GUAR. BANK & TRUST CO. v. ASSOCIATE PIPE SERVICE, INC.

No. 84-650.

476 So.2d 1065 (1985)

GUARANTY BANK & TRUST CO., Jack B. Wilson, Plaintiffs-Appellees, v. ASSOCIATE PIPE SERVICE, INC., Maurice M. Bledsoe, Don Melancon, George Sfeir, Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

October 10, 1985.

Attorney(s) appearing for the Case

Ashy & Colvin, D. Warren Ashy, Lafayette, for defendants-appellants.

Calvin T. Guidry, Henry C. Perret, Jr., Lafayette, for plaintiffs-appellees.

Before GUIDRY, LABORDE, and KING, JJ.

LABORDE, Judge.

Guaranty Bank & Trust Company brought suit against Associate Pipe Service, Inc. (Associate) to recover $225,566.23, the balance due on a promissory note executed by Associate. Added as party defendants were four individuals who had executed separate continuing guaranty contracts, in the amount of $200,000.00 each, on behalf of Associate. Default judgments were obtained against Associate and three of the guarantors. One of these, appellee Jack Wilson...

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