Ogle v. Pepin

OWEN, Judge.

Appellant, owner and holder of a promissory note in the original principal sum of $250,040.00, brought an action against the appellees as makers of the note to recover the principal balance due of $150,040.00, plus interest, costs and attorneys’ fees. Appellant recovered a judgment in the amount of $529.88, plus attorneys’ fees, from which he appeals.

The appellees had executed the note in question as part of the purchase price of certain real property, securing the same by a purchase money third mortgage on the property. Appellees subsequently sold the property, their vendee…