Ahrens Materials, Inc. v. J. D. Yaun Roofing Corp.

OWEN, Judge.

On March IS, 1966, the J. D. Yaun Roofing Corporation (hereafter Yaun) was in*88debted to Ahrens Materials, Inc. (hereafter Ahrens) in the sum of approximately $11,000 on an open materials account and the additional sum of approximately $2,000 on a separate equipment account. On that date Charles Rowan and Willie Whitting-ton acquired the controlling interest in Yaun and in order to be able to continue to purchase materials from Ahrens on open account, Rowan and Whittington executed the “guarantee letter” which is the principal subject of this appeal.

The letter, written on Yaun…