Mayfield v. Hicks

AKIN, Justice.

This is an appeal from an instructed verdict rendered against the guarantors of two equipment leases. Dave Hicks Company sued Four C Corporation, the primary obli-gor, for amounts due under the first equipment lease agreement and sued Mayfield, Hughes, O’Neal and Trimmier, the guarantors, on a guaranty of Four C Corporation’s obligations under this lease. Dave Hicks, individually, also sued Four C Corporation for the amounts due under a second equipment lease and sued the guarantors under the terms of a similar guaranty. Four C Corporation neither filed an answer nor…