Griffin v. First Nat. Bank of Crossett
Supreme Court of Arkansas
1Opinion of the Court
Robert Shults, Special Chief Justice.
On May 1, 1986, First National Bank of Crossed (the “Bank”) loaned Bearhouse, Inc. (“Bearhouse”) $490,000 and took a promissory note as evidence of the debt. Payment of the note was secured by a mortgage on real estate. In connection with the loan, Richard Earl Griffin (“Griffin”) executed a guaranty “limited to 25% of the outstanding debt” plus “all expenses, legal and/or otherwise (including court costs and attorney’s fees, paid or incurred by said Bank in endeavoring to collect such indebtedness, obligations and liabilities, or any part thereof, and in…
2Cases cited7 opinions
- First Nat. Bank of Crossett v. GriffinSupreme Court of Arkansas · 1992
- Wells v. Arkansas Public Service CommissionSupreme Court of Arkansas · 1981
- Bailey v. Harris Brake Fire Protection DistrictSupreme Court of Arkansas · 1985
- Damron v. University Estates, Phase II, Inc.Supreme Court of Arkansas · 1988
- Mosley Machinery Co. v. Gray Supply Co.Supreme Court of Arkansas · 1992
2 more not listed; retrieve them via the Exa API.
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