Warner v. First National Bank of Waco

POPE, Justice.

First National Bank of Waco recovered a $204,000 judgment against James M. Warner on two written guaranties, one of which Warner executed .in March, 1956,. and the other on December 19, 1960. Warner contends that the last guaranty was not cumulative but was a substitute for and in revocation of the earlier guaranty. The case was tried without a jury. We affirm the judgmént.

The Bank, at the time of judgment, was the holder of $204,000 worth of notes against Top O’ the World, a limited partnership engaged in agriculture. In March, 1956, Warner signed the first of four written…