J. P. Sivertson & Co. v. Lolmaugh

The plaintiff-appellant, J. P. Sivertson & Company, hereafter the plaintiff, appeals from a ruling of the circuit court of Lake County which vacated a confession of judgment on a promissory note. The sole issue before this court is whether or not the trial court, relying on section 3 — 403 of the Uniform Commercial Code (Ill. Rev. Stat. 1975, ch. 26, par. 3 — 403), properly admitted parol evidence to determine in what capacity the defendant-appellee, Gerald W. Lolmaugh, hereafter the defendant, signed the promissory note in question.

Upon a review of the record and after considering the…