Linwood State Bank v. Lientz

WELBORN, Commissioner.

The Linwood State Bank sued the appellant here, Laclede Lientz, and four co-guarantors to recover $44,237.89 upon their guaranty of obligations of The Lientz Company, Inc. Appellant Lientz denied liability on the guaranty agreement and cross claimed against his four coguarantors for any amount for which he might be found liable to the bank. Lientz also filed a similar claim against third party defendant Rodney Hill. The trial court directed a verdict in favor of Hill. A jury found in favor of the bank and against the five co-guarantors in the sum of $43,114.38 and in…