Volunteer State Bank v. Dreamer Productions, Inc.

OPINION

LEWIS, Judge.

In this action, the plaintiff seeks a recovery for a defaulted note from the promissor and the guarantors of the note. The trial court entered judgment against the promis-sor and one of the guarantors but dismissed the complaint as to the other guarantor. The plaintiff appealed. For the reasons stated herein, we reverse and remand.

Volunteer State Bank (Bank) filed its complaint against Dreamer Productions, Inc., (Dreamer), C.K. Spurlock (Spurlock, Jr.), and K.C. Spurlock (Spurlock III).1 The complaint alleged that Dreamer had defaulted on a $200,000 note owed to the Bank,…