Egert v. Stassi

McCALEB, Justice.

This is a suit against the maker of a promissory note to recover its face value of $5,000, together with interest and attorney’s fees provided for therein. The note, dated August 12, 1952 and bearing interest from its date at the rate of 5% per annum, was issued to the order of 8 Mile Post Plumbing Supplies, Inc. and became due and exigible on September 12, 1952. Plaintiff, Martin J. Egert, was the principal stockholder of the payee corporation, which was placed in voluntary liquidation during 1953. Plaintiff acquired the note during the course of the liquidation.

Defendant,…