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GULF & BASCO CO. v. BUCHANAN

No. 01-85-0189-CV.

707 S.W.2d 655 (1986)

The GULF & BASCO COMPANY, Appellant, v. Alan B. BUCHANAN, Appellee.

Court of Appeals of Texas, Houston (1st Dist.).

Rehearing Denied March 27, 1986.

Attorney(s) appearing for the Case

William A. Peterson, Jr., Patterson, Boyd, Lowery & Anderholt, Frank Shaw, Houston, for appellant.

Steven A. Leyh, Sellers & Berg, Houston, for appellee.

EVANS, C.J., and LEVY and SAM BASS, JJ.

OPINION

LEVY, Justice.

This is an appeal from a take nothing judgment in a suit based upon a guaranty agreement.

Alan B. Buchanan ("Buchanan"), appellee, was sued in an individual capacity as alleged guarantor of the indebtedness of Alan Buchanan Builders, Inc., a corporation engaged in the construction of new homes. The Gulf & Basco Company ("Gulf & Basco"), appellant, was engaged in the business...

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