Koenig v. Currans Restaurant Co.

Opinion by

Mr. Justice Simpson,

Plaintiff and the other individual defendants were jointly interested in the corporation defendant: f20,000 being needed to purchase a property for corporate purposes, plaintiff agreed to and did lend it, upon the faith of the execution and delivery to him of the following judgment note:

Phila., April 16, 1929.

One day after date I, we or either promise to pay to Carl F. Koenig the sum of Twenty Thousand Dollars, without defalcation, value received, with interest, payable every three months at 6% per annum: Provided, however, and it is hereby agreed, that if at any…