A. J. Armstrong Co. v. Romanach

HORTON, Judge.

The appellant sued the appellees to recover on a promissory note allegedly endorsed by the appellees. The note had been executed by Mobile Units Manufacturing, Inc., and was secured by a chattel mortgage upon certain trucks. The note was payable in monthly installments commencing July 2, 1962. After two payments were made, the note became in default and this suit resulted. The appellees answered admitting the allegations of the complaint except to deny that they executed the note in the capacity of endorsers but on the contrary alleged they executed the same as guarantors. In…