Neely v. Central Bank of the South

ADAMS, Justice.

Parker Neely, Jr., appeals from a summary judgment entered by the Circuit Court of Jefferson County against him and in favor of plaintiff, Central Bank of the South. We affirm.

According to the affidavits submitted in this case, on December 16, 1981, Benchmark, Inc., executed and delivered three promissory notes to plaintiff, Central Bank of the South. At the same time, defendant, Parker Neely, Jr., entered into an agreement with Central Bank whereby he agreed to personally guarantee all obligations of Benchmark, Inc.

Subsequent to the execution of the notes and Neely’s guaranty,…