Hazzard v. General Tire & Rubber Co.
Supreme Court of Oklahoma
1Opinion of the CourtPhelps, J.
R. M. Ingram was in the retail tire business. 1-Ie had been buying the tires which he sold to the public from the plaintiff, General Tire & Rubber Company, on open account. He was told by the representatives of that company that if he would obtain a written guaranty of payment, the company would extend him a larger credit. Accordingly, his sister-in-law, defendant, executed to the company her written guaranty, wherein she guaranteed payment of 'all bills or indebtedness due or to become due, including payment of future notes, except that she limited her liability to $2,500. Several months…
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