Legal Opinion
First National Bank of Wynne v. Hess
Court of Appeals of Arkansas
Decided February 3, 1988No. CA 87-276PublishedCited by 11 opinions
1Opinion of the Court
Beth Gladden Coulson, Judge.
Appellant raises five points for reversal in this appeal. We find none of the arguments persuasive, and we accordingly affirm the judgment of the trial court.
On October 17, 1984, appellant, the First National Bank of Wynne, loaned $45,006 to JART Enterprises, Inc., a business entity consisting of Jim Foley and Theresa Foley. Appellant required for the loan the personal guaranty of appellee, Bobby Hess, who executed a guaranty agreement on the date of the loan.
The money loaned to JART Enterprises was used to operate a convenience store through a sublease from…
2Cases cited8 opinions
- Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
- Atlas Thrift Co. v. HoranCalifornia Court of Appeal · 1972
- First State Bank v. HallettSupreme Court of Arkansas · 1987
- Leigh Winham, Inc. v. Reynolds Insurance AgencySupreme Court of Arkansas · 1983
- Township Builders, Inc. v. Kraus Construction Co., Inc.Supreme Court of Arkansas · 1985
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- ERC Mortgage Group, Inc. v. LuperCourt of Appeals of Arkansas · 1990
- McCorkle Farms, Inc. v. ThompsonCourt of Appeals of Arkansas · 2002
- McCaleb v. National Bank of Commerce of Pine BluffCourt of Appeals of Arkansas · 1988
- Jones v. Union Motor Co., Inc.Court of Appeals of Arkansas · 1989
- Anglin v. Chrysler Credit Corp.Court of Appeals of Arkansas · 1989
6 more not listed; retrieve them via the Exa API.