(Download) "Bells Banking Company v. Jackson Centre" by The Texas Court of Criminal Appeals " eBook PDF Kindle ePub Free

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eBook details

• Title: Bells Banking Company v. Jackson Centre
• Author : The Texas Court of Criminal Appeals
• Release Date : January 26, 1996
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 71 KB

Description

This case comes before us for a determination of whether the trial court correctly adJudged the appellant, Jackson Centre, Inc. ("Jackson Centre" or "Corporation"), liable to the appellee, Bells Banking Company ("Bells Banking" or "Bank"), under a corporate guaranty agreement, executed by the then president and C.E.O. of the Corporation, Robert Roark. The agreement guarantees payment to the Bank of a line of credit (up to the principal amount of $120,000) extended to Modelink Corporation (Modelink), whose president was a Mr. B. G. Eady. A loan to Modelink in the principal amount of $80,175.38 is evidenced by a promissory note signed by Mr. Eady on behalf of Modelink, dated October 12, 1989. The guaranty also bears this date.

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