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loan was being made to "Rosewood Kennels, Inc." Mr. Moye signed
a guaranty for JAM Bonding for the $500,000 loan to "Rosewood
Kennels, Inc." Petitioners also signed an SBA compliance
agreement in which they agreed not to discriminate on the basis
of race, color, religion, sex, or national origin. It stated
that the SBA had approved a loan to Rosewood Kennels, Inc. The
following appeared at the bottom of the form:
Rosewood Kennels, Inc.
Woodcreek Road
Williamson, Georgia 30292 227-4083
By Judy H. Moye, President
Typed Name & Title of Authorized Official
Petitioner signed below her name and title. Mr. Moye signed
above "Signature of Authorized Official". The form called for a
corporate seal, but no seal was affixed to the document.
On June 2, 1990, Mr. Moye signed a $500,000 note from
Rosewood Kennels, Inc., to United Bank. Petitioner signed above
her name and "President", and Mr. Moye signed above
"secretary/treasurer". The Rosewood Kennels, Inc., corporate
seal was affixed to the note. They also signed an agreement for
Rosewood Kennels, Inc., which granted to United Bank for the
$500,000 note a security interest in all equipment, machinery,
furniture, fixtures, inventory, raw materials, work in process,
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Last modified: May 25, 2011