J.R. Watkins Co. v. Lewis

By instrument dated the 24th day of August, 1937, plaintiff company entered into an agreement with one Daniel E. Jones, under the conditions of which Jones agreed to buy goods and articles manufactured or sold by the plaintiff company as he might reasonably require for sale in the conduct of his business.

Following the text of the contract between plaintiff company and Jones, there was set forth a stipulation of guaranty or suretyship which read as follows, to-wit: "In consideration of the execution of the foregoing agreement by The J.R. Watkins Company, which we have read, or heard read, and…