Parrish v. Terre Haute Savings Bank
Indiana Court of Appeals
1Opinion of the Court
CONOVER, Judge.
Defendants-appellants Parrish et al., Shareholders of R.P.S. Industries, Inc. (R.P.S.) appeal from a judgment entered in favor of plaintiff-appellee Terre Haute Savings Bank (Bank) pursuant to a jury’s verdict. The Bank sued the shareholders who had individually signed a promissory note payable to the bank when the corporation defaulted in making the payments provided in the note.
We affirm in part and reverse in part.
FACTS
On September 11, 1978, Clyde Parrish, President of R.P.S. directed a letter “to whom it may concern” to the Bank requesting a short term capital loan of…
Also in this document: Concurrence.
2Cases cited15 opinions
- English Coal Co., Inc. v. DurcholzIndiana Court of Appeals · 1981
- U. S. Aircraft Financing, Inc. v. JankovichIndiana Court of Appeals · 1980
- Kaneko v. OkudaCalifornia Court of Appeal · 1961
- Chaney v. TingleyIndiana Court of Appeals · 1977
- Marshall v. Russell R. Ewin, Inc.Indiana Court of Appeals · 1972
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3Cited by25 opinions
- Stacey-Rand, Inc. v. J.J. Holman, Inc.Indiana Court of Appeals · 1988
- Anthony Taylor v. J.P. Morgan Chase Bank, N.A.Court of Appeals for the Seventh Circuit · 2020
- Loudermilk v. CaseyIndiana Court of Appeals · 1982
- Salcedo v. ToeppIndiana Court of Appeals · 1998
- Parrish v. Terre Haute Savings BankIndiana Court of Appeals · 1982
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