Seder v. Gould

This is a bill in equity to reach and apply certain assets of the defendant Gould, who will hereafter be referred to as the defendant, in payment of an alleged indebtedness based in part upon a judgment obtained by default for the amount of quarterly payments accrued on a note for $17,170 and in part upon instalments becoming due thereon after that judgment was' obtained. The case was submitted on an agreed statement of facts, admitted allegations in the bill and oral evidence.

On March 12, 1927, the defendant borrowed $8,000 from Joseph S. Seder and Samuel Seder and gave them his note for…