HILL, J., April 27, 1982 —
I. STATEMENT OF FACTS
In 1975, defendants, Herbert Meyer, president & sole shareholder of Oxford Jewelry Corporation (Oxford), and his wife Joan Meyer, executed an unlimited surety agreement securing loans made to Oxford by Continental Bank. Subsequently, Oxford experienced financial difficulty and in consideration of Continental's continued support through January 31, 1981, the Meyers signed a letter agreement...
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