MEDLEY v. SOUTHTRUST BANK OF THE QUAD CITIES

85-729.

500 So.2d 1075 (1986)

Oscar MEDLEY v. SOUTHTRUST BANK OF THE QUAD CITIES.

Supreme Court of Alabama.

December 12, 1986.


Attorney(s) appearing for the Case

J.A. Dardess, Sheffield, for appellant.

John D. Clement, Jr., Tuscumbia, for appellee.


JONES, Justice.

This case involves a suit on a guaranty agreement. We affirm in part and reverse in part.

SouthTrust Bank of the Quad Cities sued Oscar Medley on a guaranty contract executed by him to Muscle Shoals National Bank (now SouthTrust) on May 2, 1979, guaranteeing the debts of his son, Roy Medley, d/b/a Medley & Company. This case was instituted as a result of Medley & Company's default under the terms of several promissory notes, which are...

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