Industrial Inv. Co. v. Vondersmith

WALKER, Chief Justice.

On the 26th day of June, 1929, the Standard Office Supply Company, a corporation, executed to appellant, Industrial Investment Gompany, .its promissory note in the principal sum of $4,300, payable in monthly installments of $100 each, beginning on the 26th day of July, 1929, with interest at the rate of 10 per cent, per annum from September 26, 1929, payable quarterly. Appel-lees, G. P. Vondersmith, Roy Sturrock, and A. H. Williams, joined in the execution o£ this note by executing the following guaranty, indorsed on the note as a part thereof: “We, the undersigned…