Bruce v. Landmark Central Bank & Trust Co.

CRIST, Judge.

Appeal from partial summary judgment discharging plaintiffs’ further liability on guaranties. We reverse and remand.

On February 3, 1972, Bruce-Burgess Printing Co. (“Bruce Printing”) and Landmark Central Bank & Trust Co. (“Bank”) entered into a loan agreement. Under the agreement, Bank agreed to extend credit to Bruce Printing. Also on February 3, 1972, three separate guaranties were executed, one by Cicardi A. Bruce and Helen A. Bruce, his wife, one by Cicardi A. Bruce, Jr., and Phyllis Bruce, his wife, and one by Mary Gertrude Boerger, now deceased. Ci-cardi A. Bruce, Helen A.…