Smith v. United States National Bank of Galveston

BLEIL, Justice.

Beck Smith appeals an instructed verdict in a suit to collect on a promissory note. Chester Scruggs, Jr. signed the note as principal; Smith signed as guarantor. The trial court instructed a verdict finding Scruggs, Jr. and Smith jointly and severally liable for $75,000.00, the amount of principal and interest on the note. The issue of attorney’s fees went to the jury, which assessed $17,500.00 against Smith and Scruggs, Jr. Smith contends that an instructed verdict against him was improper because the evidence raised fact issues regarding his liability on the debt, his…