Federal Deposit Ins. Corp. v. Hill

This is an action to enforce an agreement under which the defendant personally guaranteed a promissory note executed by him in 1975 in his capacity as president of Leisure Resources, Inc. (Leisure). Following a trial without jury in the Superior Court, judgment entered for the plaintiff in the amount of $20,000. On appeal the defendant claims several errors relating to (a) the judge’s exclusion, on paroi evidence grounds, of testimony offered to resolve a purported ambiguity in the extent of the collateral identified by a security agreement accompanying that note and (b) the judge’s…