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AMERICAN GUARANTY CORP. v. STOODY

Docket No. 27482.

230 Cal.App.2d 390 (1964)

41 Cal. Rptr. 69

AMERICAN GUARANTY CORPORATION OF CALIFORNIA, Plaintiff and Respondent, v. WINSTON H. STOODY, Defendant and Appellant.

Court of Appeals of California, Second District, Division Four.

October 27, 1964.

Attorney(s) appearing for the Case

Oscar A. Trippet, Thomas H. Carver and Trippet, Yoakum & Ballantyne for Defendant and Appellant.

Robert B. Krueger, Alvin S. Kaufer and Nossaman, Thompson, Waters & Moss for Plaintiff and Respondent.

JEFFERSON, J.

Plaintiff brought an action for breach of a guaranty contract allegedly executed by defendant Stoody (and by other parties not involved in this appeal). Plaintiff's complaint alleged that the contract in question guaranteed the faithful performance of rental payment obligations incurred by the lessee to the lessor under a number of equipment lease contracts. The complaint further alleged that the plaintiff is the assignee of the lessor under both the...

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