Pilalas v. BALDWIN COUNTY SAVINGS AND LOAN ASS'N
Supreme Court of Alabama
1Opinion of the Court
This case involves an action by a creditor to enforce a guaranty agreement against only one of two guarantors of a corporate note. Baldwin County Savings and Loan (hereinafter "the Bank") sued Nancy Pilalas, a co-guarantor of a loan made to The Loft, Inc. (hereinafter "The Loft"), for the balance due on the note after the loan went into default. The trial court, sitting without a jury, entered judgment for the Bank in the amount of $19,517.06. Pilalas appeals from that judgment.
The record indicates that on October 18, 1984, Pilalas and Joanna Anderson, joint owners of The Loft, borrowed…
2Cases cited7 opinions
- Davis v. AndersonSupreme Court of Alabama · 1929
- Shur-Gain Feed Div. v. Huntsville ProductionCourt of Civil Appeals of Alabama · 1979
- Smith v. Mid South Fiberglass, Inc.Supreme Court of Alabama · 1988
- Bledsoe v. Cargill, Inc.Court of Civil Appeals of Alabama · 1984
- Salter v. Amsouth Bank, N.A.Court of Civil Appeals of Alabama · 1985
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3Cited by18 opinions
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- Moody v. HintonSupreme Court of Alabama · 1992
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