Lawrence v. Valley National Bank

HOWARD, Chief Judge.

A civil action was instituted by plaintiff-appellee, Valley National Bank, hereinafter referred to as the “Bank,” to recover the unpaid balance on a promissory note. The defendants-appellants are Lawrence, Stegall, Brown and their wives, individually and as co-partners d/b/a Lawrence, Stegall and Brown.- The note was in the sum of $496,834.41 and the unpaid balance was $84,527.04 plus interest and attorneys’ fees. Brown and his wife defaulted in the action. The appellants filed a third party complaint against Arizona-Colorado Cattle Co., Inc., hereinafter called the…