Fannin State Bank v. Grossman

MR. PRESIDING JUSTICE SCHWARTZ

delivered the opinion of the court.

In this case, both parties asked for judgment on the pleadings. The court allowed plaintiff’s motion, entered judgment in its favor and defendant appealed.

The suit involves construction of a guaranty given by defendant to plaintiff for the payment of “any and all indebtedness and liability of every kind, nature and character” incurred by one Joseph Gorchoff up to $10,000. Gorchoff endorsed a note to the bank given by the Luran Steel Supply Co., a corporation, of which he was president. When the note was dishonored and Gorchoff…