SUTTON v. BANK OF PERRYVILLE

No. 56147.

788 S.W.2d 791 (1990)

Charles SUTTON and Joyce Sutton, Appellants, v. BANK OF PERRYVILLE, a banking corporation, Respondent.

Missouri Court of Appeals, Eastern District, Southern Division.

May 1, 1990.


Attorney(s) appearing for the Case

Thomas A. Ludwig, Jackson, for appellants.

Francois J. Toohey, Jr., Perryville, John W. Reid, II, Fredericktown, for respondent.


CRIST, Judge.

Appellants (Suttons) appeal a summary judgment in favor of Respondent (Bank). Suttons alleged claims for breach of contract and fraud arising out of a business loan made by Bank. We affirm.

Suttons operated a liquor store. Bank loaned them $25,000 on September 25, 1984, so Suttons could consolidate a loan from a different bank and buy additional inventory. The note executed can best be described as a "hybrid" note. On the top of the note form...

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