Stafford, Derbes & Roy, Inc. v. DeGruy

This is a suit on five certain promissory notes executed by ■the defendant in favor of plaintiff, amount■ing in the aggregate to $816, plus interest and attorneys’ fees, after an allowance of a small credit on one of the notes. The notes were given by defendant in part payment of the purchase price of certain lots of ground under an agreement to purchase dated January 6, 1926, commonly called a “bond for deed.”

The answer admits the execution of the notes, but pleads want of consideration, and asks for a judgment in reconvention against plaintiff for $120, the amount paid on account of the…