Anderson v. Hendrix

Deen, Presiding Judge.

At some time prior to March 1984 appellee Hendrix brought an action against appellant Anderson, alleging amounts past due on an open account which appellant for several years had maintained with appellee’s firm for the purchase of items needed in his farming business. In March 1984 the parties reached a settlement whereby appellee would forgive approximately $7,000 of the amount allegedly owed and would forbear to prosecute the pending suit if in return appellant would pay $2,000 and would execute two promissory notes, one in the principal amount of $14,000 and the other…