Chapman Drug Co. v. Brewer

MEMORANDUM

ROBERT L. TAYLOR, District Judge.

This is an action to recover on a personal guaranty wherein the plaintiff sues the defendant on the terms of a guaranty agreement executed March 27, 1974, in which defendant guaranteed the payment of any and all indebtedness owed to plaintiff by Gibco Discount Drugs, Inc. of Kingsport and Bristol *265Tennessee.1 The parties stipulated that the amount of indebtedness incurred by the Kingsport and Bristol Stores is $13,731.35. Jurisdiction is invoked under Title 28 U.S.C. § 1332(a)'.

It is the theory of the plaintiff that defendant executed this guaranty…