First National Bank, Hope, Arkansas v. Foster

This is a suit in Chancery wherein the complainant First National Bank of Hope, Arkansas sued the defendant under the terms of a guaranty wherein the defendant and other individuals guaranteed the payment to the bank of any and all indebtedness owed to the bank by The Hope Lumber Manufacturing *713Company, Inc., up to a total amount not in excess of $75,000.00.

The Chancellor entered a decree in favor of the complainant and rendered judgment against the defendant for the sum of $16,003.70 which amount was the balance due and unpaid on the note including accrued interest as of date of judgment, and…