Gover v. Empire Bank

STONE, Judge.

In this court-tried action, plaintiffs-appellants Gover, Johnston, Kretsinger, Sapp and Tate, who were “at all times relevant herein” members of the board of directors of Refrigerated Food Lines, Inc. (RFL), sought a decree cancelling a “Loan Guaranty Agreement” dated June 9,1971, admittedly executed by each plaintiff individually, which guaranteed payment to defendant-respondent Empire Bank of Springfield, Missouri (Empire), “of any and all indebtedness, liabilities and obligations of every nature and kind of said (RFL) to (Empire), and every balance and part thereof, whether…