Carney v. Central National Bank of Greencastle
Indiana Court of Appeals
1Opinion of the Court
NEAL, Judge.
STATEMENT OF THE CASE
Defendant-appellant Donald G. Key (Key) appeals an adverse summary judgment in favor of Central National Bank of Greencastle, Indiana (CNB) on his guaranty agreement.
We affirm.
STATEMENT OF THE FACTS
On January 5, 1979, CNB made a loan of $150,004 to Al Carney Chevrolet Buick, Inc. (Corporation) and took its note and security agreement. The note became due on January 5, 1980. CNB took as additional security a guaranty agreement, also dated January 5, 1979, executed by Richard A. Carney, Bobby J. Key, and Donald G. Key, the original stockholders of the…
2Cases cited10 opinions
- Weaver v. American Oil CompanyIndiana Supreme Court · 1971
- Hall v. Owen County State BankIndiana Court of Appeals · 1977
- White v. Household Finance CorporationIndiana Court of Appeals · 1973
- Indiana University v. Indiana Bonding & Surety Co.Indiana Court of Appeals · 1981
- Indianapolis Morris Plan Corp. v. KarlenNew York Court of Appeals · 1971
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