Legal Opinion
Beard v. Economy Finance Corp.
Court of Appeals of Kentucky
Decided December 16, 1966PublishedCited by 3 opinions
1Opinion of the Court
W. MAJOR GARDNER, Special Commissioner.
North American Leasing Company leased bowling equipment to Newtown Investment Corporation for a total rental of $88,997.96, payable in 59 monthly installments of $1508.-*51744 each. Simultaneously with the execution of the lease, appellants, who were stockholders of the Newtown Investment Corporation, individually executed and delivered to North American Leasing Company a “Guarantee of Lease,” which provided that they jointly and severally guarantee the rental payments.
North American Leasing Company assigned the lease to appellee, Economy Finance Corporation.…
2Cases cited4 opinions
- Cumnock-Reed Co. v. LewisCourt of Appeals of Kentucky (pre-1976) · 1939
- Pickrell v. WilsonCourt of Appeals of Kentucky · 1923
- Smith v. FergusonCourt of Appeals of Kentucky · 1956
- Castle Petroleum Co. v. Becker CompanyCourt of Appeals of Kentucky (pre-1976) · 1926
3Cited by3 opinions
- Anderson v. Preferred Stock Food Markets, Inc.Court of Appeals of Arizona · 1993
- American National Bank in Springfield v. White River Service Corp.Missouri Court of Appeals · 1979
- Beard v. Economy Finance Corp.Court of Appeals of Kentucky · 1972