Legal Opinion
Bromlow v. Pyne Corp.
District Court of Appeal of Florida
Decided June 25, 1986No. BH-38PublishedCited by 1 opinion
1Opinion of the Court
SHIVERS, Judge.
This is an appeal from a final judgment ordering recovery of a balance due from a guarantor. The issue is whether a guarantor can be held liable for debts incurred beyond the terms of the guaranty agreement. We reverse and release the guarantor.
On December 3, 1981, appellant Bobby J. Bromlow (Bromlow), a shareholder of ap-pellee Tri State Medical Systems, Inc. (Tri State), executed the following guaranty:
In consideration for the extension of credit by Pyne Corporation to Tri-State Medical Systems, Inc., the undersigned personally guarantees and promises to pay to Pyne…
2Cases cited6 opinions
- Anderson v. Trade Winds Enterprises Corp.District Court of Appeal of Florida · 1970
- Frank Herman & Co. v. WilliamsSupreme Court of Florida · 1895
- Harold W. Holcombe v. Solinger & Sons Co., Inc.Court of Appeals for the Fifth Circuit · 1956
- Clark v. United Grocery Co.Supreme Court of Florida · 1915
- Quarngesser v. Appliance Buyers Credit Corp.District Court of Appeal of Florida · 1966
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