Logan County Bank v. Taylor

While a minor, defendant executed a note. While still a minor, he claims he renounced or disaffirmed it. He used the proceeds of the note for the purchase of an automobile. He made two payments, was then drafted, and left the car with a friend “when I went into the service and it set there until I contacted the bank to pick it up”. He was twenty when all this occurred. The bank did pick it up and sold it for salvage — $30. The note when executed in December, 1964, was for $377.40. Subsequently, in 1969, the bank called defendant in and demanded payment. Defendant advised them that he was a…