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MOODY v. HINTON

1910615.

603 So.2d 912 (1992)

John Robert MOODY and Rebecca B. Moody v. Thomas F. HINTON and Hinton Properties, Inc.

Supreme Court of Alabama.

Rehearing Denied August 28, 1992.

Attorney(s) appearing for the Case

Richard F. Ogle and David O. Upshaw of Schoel, Ogle, Benton and Centeno, Birmingham, for appellants.

James S. Ward and Ezra B. Perry, Jr. of Corley, Moncus & Ward, P.C., Birmingham, for appellees.

HOUSTON, Justice.

The undisputed facts are as follows:

Claridge at Hanover Partners, an Alabama general partnership ("Claridge") borrowed $4,025,000 from Central Bank of the South ("the Bank"). Claridge at Hanover, Inc., and Hinton Properties, Inc., the general partners of Claridge, executed the note evidencing the loan. John Robert Moody and Rebecca B. Moody are officers of Claridge at Hanover, Inc. Thomas F. Hinton is president of Hinton Properties. The...

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