Shipp v. First Ala. Bank of Gadsden, N.A.

Appeal by David Shipp from summary judgment in favor of First Alabama Bank of Gadsden. We affirm.

First Alabama Bank of Gadsden (Bank) brought this action against Shipp for money owed the Bank upon two promissory notes and Shipp's separate continuing guaranty agreement signed by him on December 10, 1976. Under that guaranty, Shipp agreed to guarantee the indebtedness of Heritage Leasing, Inc., d/b/a Budget Rent-A-Car, up to the amount of $17,700. Shipp signed this guaranty, "David Shipp, V.P.," and, in his answers to interrogatories later filed, stated that he was an officer of the corporation.