SONNE v. F.D.I.C.

No. C14-93-01047-CV.

881 S.W.2d 789 (1994)

William J. SONNE, Walter B. Eeds, William E. Dueease, David Hetherington, Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Appellee.

Court of Appeals of Texas, Houston (14th Dist.).

Rehearing Denied August 25, 1994.


Attorney(s) appearing for the Case

Sam E. Rowland, Bryan, for appellants.

H. Fred Cook, Houston, for appellee.

Before ROBERTSON, CANNON and DRAUGHN, JJ.


OPINION

ROBERTSON, Justice.

This is an appeal from the trial court's granting summary judgment for appellee, the Federal Deposit Insurance Corporation (FDIC), finding appellants severally liable on personal guaranties made with regard to a promissory note. In their first point of error, appellants contend the FDIC had no legal right to hold them to the guaranties because of a material alteration in the underlying contract. The second point of error asserts...

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