In Re Aerco Metals, Inc.
United States Bankruptcy Court, N.D. Texas
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
MICHAEL A. McCONNELL, Bankruptcy Judge.
On July 2, 1983, Northside Bank of San Antonio, extended a loan in the principal amount of $100,000.00 to the Debtor, Aereo Metals, Inc. As evidence of the loan, E.A. Rudy, the father of E.A. Rudy, III, an officer of the debtor corporation, executed a Promissory Note on behalf of Aereo. In addition Gary Scott and E.A. Rudy executed guaranty agreements in connection with the loan, making themselves liable for the full amount of the principal and interest.
On July 21, 1984, E.A. Rudy executed a Renewal of the Note on behalf of…
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