International Minerals & Chemical Corporation v. Monroe C. Yager and Edith Yager, and Rainbow Farm Service, Inc., and Truman Sawyer

O’SULLIVAN, Senior Circuit Judge.

Appellants Monroe C. Yager and Edith Yager, husband and wife, appeal from a judgment whereby they were held liable, as guarantors, for the indebtedness of Rainbow Farm Service, Inc., (Rainbow) to the plaintiff International Minerals and Chemical Corporation (IMC) for goods sold and delivered by IMC to Rainbow on open account. The case was tried to a District Judge in the United States District Court for the Southern District of Indiana who awarded judgment to plaintiff IMC against the Yagers in the amount of $93,009.43 — the open account indebtedness of…