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EDWARDS v. MALER CONST. CO.

715 S.W.2d 343 (1986)

Ann Zanola EDWARDS, Johnny Zanola, Jr., Rosa Zanola Calvert, Louisa Zanola Gardino and Serafina Zanola Facelli, Plaintiffs-Appellants, v. MALER CONSTRUCTION COMPANY, A Tennessee Corporation, and Roger J. Maler, Individually, Defendants-Appellees.

Court of Appeals of Tennessee, Western Section, at Jackson.

Rehearing Denied September 8, 1986.

Application for Permission to Appeal Denied June 16, 1986.

Attorney(s) appearing for the Case

Henry L. Klein, Memphis, for plaintiffs-appellants.

William M. Walsh, Hanover, Walsh, Jalenak, & Blair, Memphis, for defendants-appellees.

Application for Permission to Appeal Denied by Supreme Court June 16, 1986.

FARMER, Judge.

This is a suit for deficiency by the holders of a series of notes against the maker, Maler Construction Co. (corporation), and its president, Roger J. Maler, following foreclosure proceedings pursuant to the deed of trust.

In May, 1979, the corporation purchased from plaintiffs a tract of real estate containing 7.05 acres abutting Lamar Avenue in Memphis. Sellers...

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