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NEW HOLLAND, INC. v. TRUNK

No. 90-501.

579 So.2d 215 (1991)

NEW HOLLAND, INC., Appellant/Cross-Appellee, v. James J. TRUNK, Etc., et al., Appellees/Cross-Appellants.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied May 30, 1991.

Attorney(s) appearing for the Case

Steven L. Brannock of Holland & Knight, Tampa, for appellant/cross-appellee.

William H. Lefkowitz of Sherr, Tiballi, Fayne, Schneider, Sheptow, Kopelman & Byrd, Ft. Lauderdale, for appellees/cross-appellants.

COWART, Judge.

In 1974, a manufacturer (Sperry-New Holland) began selling equipment on credit to a dealership (Trunkline Equipment Company) under a dealership agreement. In 1984, appellee Carol Trunk, as guarantor, executed a guaranty agreement guaranteeing and becoming surety for all sums of money owing to the creditor (Sperry-New Holland) by the debtor (Trunkline Equipment Company) from time to time. Following execution of this guaranty agreement, the creditor extended...

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