Legal Opinion

American Bankers Finance Co. v. Majeski

Pennsylvania Court of Common Pleas, Delaware County

Decided February 26, 1932No. 574Published

1Opinion of the Court

Broomall, J.,

— The judgment in the above case was entered upon a promissory note containing a confession of judgment, a copy of which note is as follows:

“$200.00

Judgment note with co-maker

No. L 351

“American Bankers Finance Company
“Loan made under chapter No. 432, laws of 1915; amended 1919.
“Philadelphia, Pa., October 17, 1925.
“1. Value received, the undersigned jointly and severally promise to pay to American Bankers Finance Co. or order two hundred dollars, with interest on unpaid balances at 3i% per month, without defalcation, payable at its office, Philadelphia, Penna.
“2. It is understood…

2Cases cited3 opinions

  1. Moll v. LaffertySupreme Court of Pennsylvania · 1930
  2. Clark v. ChildMassachusetts Supreme Judicial Court · 1884
  3. Stewart v. Peterson's ExecutorsSupreme Court of Pennsylvania · 1870

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