Hazel v. Tharpe & Brooks, Inc.

Banke, Judge.

The defendants appeal a summary judgment entered in favor of the plaintiff in a suit to enforce their obligation as sureties on a promissory note. Held:

1. The trial court did not err in concluding that the plaintiff had standing to bring the suit, although the note was made payable to a corporation other than the plaintiff and the defendants allege that it was not properly endorsed by that corporation upon its transfer to the plaintiff. The plaintiff established without dispute that it had obtained possession of the note by purchasing it for value from the named payee. Because…