MacGregor v. Kawaoka

This is an appeal from a, judgment in favor of the defendants in an action brought upon a $6,000 promissory note which the trial court found was entirely discharged by payments admittedly made by respondent Kawaoka to the payee, but which were applied by it against Kawaoka’s indebtedness upon an open book account. Respondent Carlson was an accommodation maker. It appears that on July 11, 1951, Kawaoka owed plaintiff’s assignor a sum in excess of $20,000 for merchandise purchased upon credit. Prior to that date the assignor had urged upon Kawaoka that he find some way to reduce the balance of…