Coffey v. Prudential Insurance Co. of America

REIMEL, J.,

This case is before the court en banc composed of Bolger, Burke and Reimel, JJ., on exceptions by defendant to the decision of the trial court entered on April 15, 1969, in favor of plaintiff, reversing the award of the board of arbitrators in favor of defendant.

On December 3, 1963, Mrs. Lillian Coffey personally applied for a loan to her and her husband, Bernard J. Coffey to the Philadelphia National Bank in the amount of $5,134.20. Subsequently, on December 5, 1963, the loan was made and Mr. and Mrs. Coffey executed an installment judgment note in favor of the Philadelphia…