Bobst v. Citizens & Southern Financial Corp.

Sognier, Judge.

A. M. Smyre Manufacturing Co. (Smyre), a North Carolina corporation without a certificate of authority to transact business in Georgia, sold carpet yarn to Ivy Carpets, Inc. (Ivy) under invoices totalling $21,590.44. Appellants David and Janet Bobst, officers and directors of Ivy, executed a guarantee in favor of Citizens and Southern Financial Corporation (C&S), a Georgia corporation, which was assigned the account by Smyre. Ivy and appellants Bobst failed to pay the account and Smyre and C&S sued. Ivy did not file an answer. Appellants Bobst answered denying any personal…