The W. T. Rawleigh Co. v. Wilkes

The. appellant entered into a contract with appellee, James A. Wilkes, under which Wilkes purchased merchandise on a credit during 1932. When tile contract expired Wilkes owed appellant on January 1, 1933', $452.39. They then entered into a renewal contract. Appellees, E. H. McKay and Garland Hamm, entered into a contract with appellant as sureties' for Wilkes. The contract was terminated during the month of May, 1933, at which time Wilkes owed appellant a balance of'$449.17.. Under the contract, the appellant agreed to sell quantities of its products to Wilkes at the current wholesale prices…