Ouachita National Bank in Monroe v. Williamson

MARVIN, Judge.

The plaintiff bank sued Williamson on a promissory note. Williamson, as third-party plaintiff, sued Southern as third-party defendant on Southern’s written assumption of the note. The bank was awarded judgment on the main demand against Williamson. Williamson was awarded judgment on the third-party demand against Southern. Southern appeals. We affirm.

Williamson and Southern were engaged with others, as a corporation in utility con*173struction business under the name of Southern and Williamson Construction Company, Inc. The corporation was not making a profit when the transaction at…