Priggen Steel Buildings Co. v. Parsons

The defendants Leslie E. Parsons and Parsons Fuel Company, Inc. appeal from a final decree which adjudged Parsons and Walter L. Boy indebted to the plaintiff, Priggen Steel Buildings Company (Priggen), in the amount of $9,210.06 plus interest. Parsons and Boy were the indorsers of a promissory note for $16,827.50 executed by Turnpike Marine, Inc. (Turnpike) to Priggen on October 22, 1958, in conjunction with the conditional sale to Turnpike of a portable metal building. A master found that about a year later Turnpike defaulted in its payment under the terms of both the note and the…