John P. Squibb, Martha Jo Squibb and James H. Widener v. Ted C. Smith and Rose E. Smith - Concurring

Case Number
03A01-9609-CH-00291

This action was instituted by the plaintiffs to recover a prorata share of monies they were required to pay on a guaranty agreement where in the defendants were co-guarantors. The trial court found that  there were three co-guarantors, Mr. Squibb, James H. Widener and Ted C. Smith (defendant).  He apportioned liabilit y equally among the three.  The court found that the purported signature of Ms. Smith on the guaranty agreement was not her signature.  The case was dismissed as to the defendant, Rose E. Smith.  No appeal was taken from the action of the court dismissing the case as to Ms. Smith.  Judgment was entered in favor of the plaintiffs, John P. Squibb and wife Martha Jo Squibb, in the amount of $45, 402.04 plus prejudgment interest at the rate of 10% per annum from April 10, 1991 to April 9, 1996, in the amount of $22, 701.02 for a total judgment of $68, 103.06.  A like judgment was entered in favor of the plaintiff, Widener.  From these judgments, the defendant appeals.  We affirm the judgment of the trial court.

Authoring Judge
Judge Don T. McMurray
Originating Judge
Chancellor Thomas J. Seeley
Case Name
John P. Squibb, Martha Jo Squibb and James H. Widener v. Ted C. Smith and Rose E. Smith - Concurring
Date Filed
Dissent or Concur
No
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