Universal Credit Co. v. Enyart

This is an.action upon what is termed a “mortgage note contract,” signed by the defendant as maker. The execution of the instrument was admitted by the pleadings, the defense being a lack of consideration. The case was tried before a jury, resulting in a verdict in favor of the defendant. Plaintiff has appealed.

The facts show that in the years of 1933 and 1934 one J. L. Enyart, now deceased, was a retail dealer of Ford automobiles in the city of McFall carrying on his business as the J. L. Enyart Motor Company; that in the latter part of 1933 he purchased an automobile from the Ford Motor…