Mustang Tractor & Equipment Co. v. Cornett

OPINION

COHEN, Justice.

Mustang Tractor & Equipment Company (“Mustang”) appeals from the granting of a summary judgment to James E. Cornett, II (“Cornett”) and the dismissing of Mustang’s action against Cornett with prejudice.

Mustang brought suit against Ramrod Construction & Supply, Inc. (“Ramrod”) and Cornett, based on a promissory note and guaranty agreement for goods sold to Ramrod. Mustang and Cornett filed motions for summary judgment. In his motion, Cornett admitted Ramrod’s liability on the note and guaranty agreement, but contended that he was not personally liable, as a matter of law,…