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MOORE v. FIRST NAT. BANK OF HOT SPRINGS

No. CA 81-88.

623 S.W.2d 530 (1981)

I. E. MOORE, Appellant, v. FIRST NATIONAL BANK OF HOT SPRINGS, Appellee.

Court of Appeals of Arkansas.

November 4, 1981.

Attorney(s) appearing for the Case

Haley & Young, P.A., by John H. Haley and Martha L. Strother, Little Rock, for appellant.

Wootton, Land & Matthews by John B. Robbins, Hot Springs, for appellee.

GLAZE, Judge.

This case involves a guaranty instrument which was signed by I. E. Moore (Moore) to guarantee the performance of Star Development Corporation (Star) under a lease agreement between Star and First National Bank (FNB) of Hot Springs. First Arkansas Leasing Corporation (FALCO) participated in this business transaction as an agent for FNB. The guaranty and lease agreement were signed on January 14, 1977.

Prior to January 14, 1977, Star was formed...

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