Brasher Motor and Finance Company v. Anderson

TUCKETT, Justice:

The plaintiff brought this action to recover from the defendants, Select Cars, Inc., and George Anderson, upon certain notes issued by the corporate defendant to the plaintiff in connection with “a floor plan” arrangement whereby the plaintiff agreed to furnish credit in connection with the defendants’ business.

Plaintiff seeks to recover from George Anderson upon a certain instrument which the plaintiff contends amounts to a guarantee by Anderson of the payment of the notes issued by the corporation in connection with the business. At the time of trial the court concluded…