(DOWNLOAD) "Gordon R. Brent v. the National Bank of Commerceof Columbus" by Supreme Court of Mississippi # eBook PDF Kindle ePub Free
eBook details
- Title: Gordon R. Brent v. the National Bank of Commerceof Columbus
- Author : Supreme Court of Mississippi
- Release Date : January 15, 1972
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 74 KB
Description
The National Bank of Commerce of Columbus, hereinafter called appellee or the Bank, filed a bill of attachment in the Chancery Court of Lowndes County against the non-resident defendant, Gordon R. Brent, hereinafter called appellant or Brent, and several residents. The Banks claim was based upon an instrument entitled "Continuing Guaranty" hereinafter referred to as the "contract" executed by Brent in consideration for credit to be extended to one Leon Kesler by the Bank. The contract was in favor of the Bank of Brooksville which merged with The National Bank of Commerce of Columbus in 1968. The court held that the contract was one of guaranty, not suretyship or accommodation, and that Brent was liable to the Bank for the guaranteed sum of $2l,140.2l together with all accrued interest thereon and reasonable attorneys fees. From that judgment Brent perfects this appeal.