Emmett v. Saparow

McMurray, Presiding Judge.

In this appeal from the grant of summary judgment in a suit on a note and guaranty agreement, the following facts are undisputed: Appellant Larry J. Emmett and appellee Herschel C. Saparow organized a business enterprise as equal partners called Mountain Brook Bedspreads and Draperies, Inc. (hereinafter “Mountain Brook”) in June of 1989. Mountain Brook borrowed $200,000 from Trust Company Bank of Cobb County by executing a note in the bank’s favor signed by Emmett as chairman and Saparow as president of the business. Emmett and Saparow also executed a guaranty in…