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MATHIS v. U.S.I. PROPERTIES, INC.

894 S.W.2d 278 (1994)

Ward W. MATHIS, Plaintiff-Appellant, v. U.S.I. PROPERTIES, INC., and Gerald L. Houser, John O. Threadgill, and Mehdi Rahmanian, Defendants-Appellees.

Court of Appeals of Tennessee, Eastern Section.

Permission to Appeal Denied February 27, 1995.

Attorney(s) appearing for the Case

Ronald L. Grimm and Wallace W. Conaway, Ambrose, Wilson, Grimm and Durand, Knoxville, for plaintiff-appellant.

Cecil D. Meek, Jr., Haynes, Meek, Summers & Ruble, Knoxville, for defendants-appellees John O. Threadgill and Mehdi Rahmanian.

Gary S. Dawson, Campbell & Dawson, Knoxville, for defendant-appellee Gerald L. Houser.

Permission to Appeal Denied by Supreme, Court February 27, 1995.

OPINION

FRANKS, Judge.

The Trial Judge refused to enforce personal guarantees made by defendants Houser, Threadgill and Rahmanian to plaintiff, and plaintiff has appealed.

The Trial Court's summary of the operative facts is succinct, and we adopt:

A Tennessee corporation was formed on September 4, 1987 by the name of U.S.I. Properties, Inc., (U.S.I.). Gerald...

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