Ferrell v. South Central Bell Telephone Co.

ELLIS, Judge:

In January, 1975, Great River Funding Co. was seeking telephone service from South Central Bell, which required a $300.00 deposit. In lieu thereof, Great River furnished to Bell an “Unlimited Contract of Guaranty”, signed by David M. Ferrell as Guarantor, which reads as follows:

“WITNESSETH: That, whereas South Central Bell Telephone Company, hereinafter called “Telephone Company”, as a condition to furnishing the above named Applicant, at the above stated service location, telecommunications, has requested Applicant to establish credit by making a cash deposit with the Telephone…