Lieb v. Broad Finance Corp.

The opinion of the court was delivered by

Campbell, Chancellor.

In 1937, the plaintiff-respondent invested with, or loaned to, the Steel Einance Corporation $3,000, for which she held its demand note for that amount dated August 1st, 1937, endorsed by its officers and directors, some fourteen in number, and for some period of time she received payments of interest thereon.

When such payments stopped she made continuous and repeated demands for payment and the officers of the company, of which the present appellants were two, promised, and repromised, payment to her but none of such promises were…