Holtzclaw v. City of Dalton

McMurray, Presiding Judge.

Plaintiff Holtzclaw filed this declaratory judgment action against defendant City of Dalton. The controversy between these parties centers on guaranty agreements executed by plaintiff for the purpose of inducing defendant to furnish utility services to Value Finishing, Inc., a carpet finishing business of which plaintiff is the sole shareholder. The most recent of the guaranty agreements, dated October 13, 1986, begins with the following two paragraphs: “IN CONSIDERATION of the sum of One ($1.00) Dollar and other valuable considerations, receipt and sufficiency…