Rancho Santa Fe Pharmacy, Inc. v. Seyfert
California Court of Appeal
1Opinion of the Court
Opinion
WIENER, J.
Defendants John and Doris Seyfert, principals and sole shareholders of Village Pantry, Inc., appeal from a judgment holding them personally liable on their guaranty of their corporation’s promissory note. We conclude the court’s incorrect determination that the presumption of consideration under Civil Code section 1614 1 affects the burden of proof instead of the burden of producing evidence resulted in erroneous jury instructions leading to prejudicial error. We therefore reverse the judgment.
Factual and Procedural Background
In June 1981 plaintiff Rancho Santa Fe Pharmacy,…
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