Legal Opinion
Lightsey v. ORGILL BROS. & CO., INC.
Court of Civil Appeals of Alabama
Decided April 25, 1984No. Civ. 3961-XPublishedCited by 5 opinions
1Opinion of the Court
ON REHEARING
On rehearing the opinion of this court rendered on February 22, 1984 is withdrawn and the following substituted therefor.
Joe Lightsey and his wife, Alice M. Lightsey, established Centreville Building Supply Company in 1970. The business was incorporated with Joe and Alice owning all but two percent of the stock, which was owned by their sons, John and Brent Lightsey. On or about October 4, 1974, Alice, John and Joe (appellants) executed a document, a portion of which personally guarantied the accounts of Centreville Building Supply Company, Inc.
The Lightseys continued to do…
2Cases cited4 opinions
- Kinmon v. J. P. King Auction Company, Inc.Supreme Court of Alabama · 1973
- Cook v. SweattSupreme Court of Alabama · 1965
- Henley v. BushSupreme Court of Alabama · 1859
- U-Haul Co. of Alabama v. TurnerCourt of Civil Appeals of Alabama · 1978
3Cited by5 opinions
- BIG THICKET BROADCASTING v. SantosCourt of Civil Appeals of Alabama · 1991
- Barnett Millworks, Inc. v. GuthrieSupreme Court of Alabama · 2007
- Green v. Southtrust Bank of Sand MountainSupreme Court of Alabama · 1987
- Troy Mining Corp. v. Itmann Coal Co.West Virginia Supreme Court · 1986
- Troy Mining Corp. v. Itmann Coal Co.West Virginia Supreme Court · 1986