Household Finance Corp. v. Sutich

This cause was submitted to the court upon the pleadings, the evidence and briefs of counsel. In this action plaintiff seeks to recover damages allegedly incurred as a result of false representations made by defendant in a loan transaction with plaintiff. The facts are these:

On August 30, 1960, defendant obtained a loan from plaintiff and executed a promissory note evidencing same in the amount of $1,000.00, payable $50.36 monthly on the 30th day of each month beginning September, 1960. By April 27, 1961, defendant was in default on his obligation to plaintiff, having made only three of the…