Bennett v. Union National Bank & Trust Co.

Quillian, Presiding Judge.

The plaintiff brought suit to recover under the terms of a written agreement to guarantee payment executed by the two defendants. After discovery, the trial judge granted the plaintiffs motion for summary judgment and entered judgment against the defendants. They appeal. Held:

The instant agreement provided: “For value received, the sufficiency of which is hereby acknowledged, and in consideration of any loan or other financial accommodation heretofore or hereafter at any time made or granted to William Paul Bennett, Jr. individually and d/b/a Field and Stream…