Excel Industries, Inc. v. Signal Capital Corp.
Indiana Court of Appeals
1Opinion of the Court
HOFFMAN, Judge.
Appellant-plaintiff Excel Industries, Inc. (Excel) appeals the decision of the trial court granting summary judgment in favor of appellee-defendant Signal Capital Corporation (Signal).
The facts relevant to the appeal disclose that in June of 1988, Excel, a corporation that conducts manufacturing operations, contacted Signal, a lease financing compa ny, to discuss the financing of replacement computer equipment. On July 8, 1988, William Gude, secretary/treasurer of Excel, signed Signal's credit application form and delivered a check to Signal in the amount of $35,048.00 pursuant…
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