Cessna Finance Corp. v. Dwire

OPINION

LANSING, Judge.

This is an appeal by James Dwire, guarantor, from a grant of summary judgment in favor of Cessna Finance Corp., holder of a personal guaranty contract. We affirm.

FACTS

Respondent Cessna Finance Corp. is a Kansas corporation that accepts assignments of retail conditional sales contracts from the Cessna aircraft dealer organization. American Energy Farming Systems, Inc. (AEFS) was a Minnesota corporation formed in 1981 for the purpose of developing and promoting the sale of Jerusalem artichokes. Its two shareholders were appellant James Dwire, president, and Fred…