Pettis Walley v. The Bay Petroleum Corporation
Court of Appeals for the Fifth Circuit
1Opinion of the Court
HUTCHESON, Circuit Judge.
Appellee recovered judgment against appellant for $96,321.19, with interest and attorneys’ fees. Of that principal amount, $40,893.19 represented the amounts still due on two so-called promissory notes, while $55,428.00 represented an amount due on open account. The action against appellant was based upon his co-signing the two notes with his son, Pettis D. Walley, and signing a letter of guaranty of his son’s past and future debts with appellee.
Appellant’s son, Pettis D. Walley, operated the Walco Oil Co. During the course of its business, Walco purchased refined…
2Cases cited6 opinions
- South Florida Lumber Mills v. BreuchaudCourt of Appeals for the Fifth Circuit · 1931
- Delzell v. Central Public Utility Corp.District Court, D. Delaware · 1943
- Boatright v. HortonMississippi Supreme Court · 1956
- Chism v. OmlieMississippi Supreme Court · 1960
- Polk County Nat. Bank of Bartow v. SheltonCourt of Appeals for the Fifth Circuit · 1934
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- Pergament v. ReisnerUnited States Bankruptcy Court, E.D. New York · 2006
- M. M. Matthews, Plaintiff-Appellee-Cross v. Drew Chemical Corporation, Defendant-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1973
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