Bledsoe v. Cargill, Inc.

Plaintiff Cargill brought suit against defendant Bledsoe upon a written guaranty by Bledsoe guaranteeing the payment of any indebtedness, up to $10,000, of Roadside Milling Co., Inc. to Cargill. Bledsoe pleaded accord and satisfaction or novation. Plaintiff's motion for summary judgment was granted. Bledsoe appeals. We reverse.

The affidavits and pleadings disclose that Bledsoe and three others were the incorporators and stockholders of Roadside Milling Co., a Georgia corporation, in 1969. Each of them executed bonds guaranteeing payment of purchases made by the corporation from Cargill up to…