Craig v. Citizens & Southern National Bank

Marshall, Judge.

The appellant corporation and its president, Craig, as guarantor in his individual capacity, appeal the grant of summary judgment in favor of the appellee, C & S Bank.

Simply stated, the facts reflect that the 151 Spring Street Corporation borrowed $155,000 in two separate notes from the bank. The corporation’s president, Craig, personally guaranteed both notes. Each note was an unconditional 90-day demand note. Both became in default. The bank made demand, including attorney fees and costs. In their answers, both defendants (appellants) admitted the existence of the notes and…