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BISHOP v. NATIONAL LOAN INVESTORS, L.P.

No. 2-95-010-CV.

915 S.W.2d 241 (1995)

Philip R. BISHOP v. NATIONAL LOAN INVESTORS, L.P.

Court of Appeals of Texas, Fort Worth.

Rehearing Overruled February 8, 1996.

Attorney(s) appearing for the Case

Daniel L. Tatum, Jackson & Walker, Fort Worth, Hershel R. Payne, Bishop, Wayne, Williams, & Werley, L.L.P., Fort Worth, for Appellant.

Paul C. Webb, Law Office of George S. Henry, Dallas, for Appellee.

Before RICHARDS, SAM BASS and JOE SPURLOCK, II, (Retired), JJ.

OPINION

RICHARDS, Justice.

Philip R. Bishop, guarantor of a promissory note, appeals from a summary judgment awarding National Loan Investors, L.P. ("NLI") the balance due on the note. In 1990, Dan Royall, Jr. executed a promissory note in favor of the Kerens Bank. The note was secured by a guaranty given by Bishop on November 2, 1990. The note and guaranty were transferred to NLI by the FDIC after Kerens Bank was declared insolvent. In two points of error...

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