Mid-States General Agency, Inc. v. Bank of Texas

COLEMAN, Justice.

This is a suit on insurance premium notes payable to Bank of Texas and endorsed with full recourse by Mid-States General Agency, Inc., and on a continuing guaranty agreement whereby Art. B. Taylor and J. S. Buckalew guaranteed to Bank of Texas the repayment of “credit and financial accommodations extended or to be extended or continued to Mid-States General Agency, Inc.” The trial court granted a summary judgment in favor of Bank of Texas.

Appellants’ first point of error reads: “The trial court erred in holding as a matter of law there is no fact issue to be determined in…