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BEELER v. MARTIN

No. WD 70746.

306 S.W.3d 108 (2010)

William E. BEELER and Norma L. Beeler, Appellants, v. Rickey MARTIN, Respondent, Billy Beeler, Respondent.

Missouri Court of Appeals, Western District.

January 12, 2010.

Attorney(s) appearing for the Case

Andrew Farwell, Kirksville, MO, for Appellants.

Gary D. Briggs, Kirksville, MO, for Respondent, Martin.

Billy Beeler, Lancaster, MO, Respondent, Acting Pro Se.

Before JAMES EDWARD WELSH, P.J., MARK D. PFEIFFER, and KAREN KING MITCHELL, JJ.

JAMES EDWARD WELSH, Presiding Judge.

When Rickey Martin and Billy Beeler needed a loan to start a business, they asked Billy Beeler's parents, William E. Beeler and Norma L. Beeler (the Beelers), to guarantee the loan. The Beelers agreed and pledged their $46,000 certificate of deposit as collateral for a loan to Martin and Billy Beeler's corporation. After the corporation defaulted and the bank used the Beelers' CD to offset the balance due on the note, the Beelers...

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