Edge v. Klutts Resort Realty, Inc.

Littlejohn, Justice:

This action was commenced by plaintiff Samuel B. Edge to collect principal and interest on a note executed by defendant Klutts Resort Realty, Inc. (Klutts Realty), and guaranteed by its co-directors, defendants J. Vaughn Klutts and P. Welbourne Bradham. The trial judge granted a summary judgment in favor of all defendants. The plaintiff has appealed, submitting that there are genuine issues of fact to be determined at trial. We reverse.

In December, 1972, Klutts Realty executed and delivered to plaintiff its promissory note in the amount of $56,-800.00, secured by a…