Horner v. First Nat. Bank of Mobile
Supreme Court of Alabama
1Opinion of the Court
This is an appeal from a summary judgment in favor of the First National Bank of Mobile, creditor, against the guarantor on a note. We affirm.
Sometime prior to September 1982, Horner Cabinets, Inc., a corporation, was formed. The incorporators and officers included John Horner and Avis C. Horner, husband and wife. Avis Horner was secretary-treasurer of the corporation.
On September 29, 1982, John and Avis C. Horner signed a guaranty agreement whereby they agreed to unconditionally guarantee payment to the bank of all sums of money loaned to the corporation, Horner Cabinets, Inc., up to…
2Cases cited5 opinions
- Morris v. MorrisSupreme Court of Alabama · 1978
- Gunnels v. JimmersonSupreme Court of Alabama · 1976
- Real Coal, Inc. v. Thompson Tractor Co.Supreme Court of Alabama · 1980
- FEDERAL LAND BANK, ETC. v. Terra Resources, Inc.Supreme Court of Alabama · 1979
- Shipp v. First Ala. Bank of Gadsden, N.A.Supreme Court of Alabama · 1985
3Cited by25 opinions
- Perry v. Mobile CountySupreme Court of Alabama · 1988
- McCausland v. Tide-Mayflower Mov. & StorageSupreme Court of Alabama · 1986
- McMullin v. AmSouth BankCourt of Civil Appeals of Alabama · 1987
- Oliver v. TownsendSupreme Court of Alabama · 1988
- Faith, Hope and Love, Inc. v. First Alabama BankSupreme Court of Alabama · 1986
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