Southern Nat. Bank of North Carolina v. Pocock

PARKER, Judge.

At issue between the parties is whether defendants are personally liable on the contract of guaranty. Insofar as pertinent to the question presented by this appeal, G.S. 25-3-403(2) (b) provides:

“G.S. 25-3-403. Signature of authorized representative.

❖ 5k :[i 5k(2) An authorized representative who signs his own name to an instrument

>;< jfc :k(b) except as otherwise established between the immediate parties, is personally obligated if the instrument names the person represented but does not show that the representative signed in a representative capacity, or if the instrument does…