Pogue v. First State Bank, Monahans

OPINION

WOODARD, Justice.

This is an appeal from a judgment for $60,000.00, plus attorney’s fees, based upon a personal guaranty for a corporate debt executed on April 15, 1983. We affirm.

The Defendant pled equitable estoppel, alleging the bank falsely represented to him that the corporation was financially sound. This was done subsequent to his signing the guaranty, but he alleged this prevented him from salvaging his losses.

The jury found in Issue No. Eleven, the bank represented to the Defendant that the corporation was “financially sound regarding its indebtedness.” It found in Issue *827No.…