Reliable Electrical Distribution Co. v. Walter E. Heller & Co.

BOOTH, Judge.

This cause is before us on appeal from the order of the trial court denying the motion of defendant, Reliable Electrical Distribution Company, Inc. [REDCO], for change of venue. The facts are that REDCO, a Florida corporation, and Carl J. Acton and Walter B. McCain signed accounts financing security agreements whereby they guaranteed the payment of any debts of Panama Electrical Distributors, Inc. [Panama] owed to Walter E. Heller and Company [Heller], a Louisiana corporation. Thereafter, Panama, a Bay County corporation, defaulted; and that company is now in bankruptcy.

Suit was…