Reynolds v. Briarwood Development Co.

CRANDALL, Judge.

Before us are two cases, consolidated for appeal, involving separate judgments arising out of identical facts. Plaintiffs, trustees of various retirement trusts, loaned funds to defendant Briarwood in return for several promissory notes, all personally guaranteed by co-defendant Alberta Dick-man. Both cases were submitted based on a record consisting solely of a stipulation of facts and the pleadings. The trial court found both defendants liable for the full amount of principal, interest and attorney’s fees, totaling $664,662.93 in the action brought by J.H. Reynolds, et al.,…