Robert L. Moody v. Jack M. Bass, Jr.

This appeal involves an action between guarantors. The case was decided by the district court upon cross-motions for summary judgment, the defendant-appellant’s motion being overruled and the plaintiff-appellee’s motion being allowed and a judgment being entered against the defendant-appellant in the sum of $67,-296.31. The defendant has appealed from this action of the trial court.

In 1961 the plaintiff, Robert L. Moody, a resident of Texas, and the defendant, Jack M. Bass, Jr., a resident of Tennessee, along with six other individuals, each signed a guaranty agreement in which they jointly…