BOATMEN'S FIRST NAT. BANK OF KANSAS CITY v. P.P.C., INC.

No. 90-1994.

927 F.2d 394 (1991)

BOATMEN'S FIRST NATIONAL BANK OF KANSAS CITY, a Federally Chartered Bank, Appellee, v. P.P.C., INC., a Delaware Corporation, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided March 4, 1991.


Attorney(s) appearing for the Case

Don R. Lolli, Kansas City, Mo., for appellant.

Kip D. Richards, Kansas City, Mo., for appellee.

Before LAY, Chief Judge, MAGILL and LOKEN, Circuit Judges.


LOKEN, Circuit Judge.

Defendant P.P.C., Inc. ("PPC"), appeals from a district court order granting summary judgment to plaintiff Boatmen's First National Bank of Kansas City ("Boatmen's") in its suit to recover on a written Guarantee. Having concluded that the guarantee contains a material ambiguity that is susceptible of at least two reasonable interpretations, we reverse.

The Guarantee was signed by PPC on September 1, 1987, in consideration of Boatmen's...

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