Waldrep v. Nosrat

Shirley Waldrep appeals from a judgment dismissing her suit against Paul Nosrat on a promissory note containing a security agreement. We reverse.

On 27 August 1981 a promissory note for $11,400 payable to Shirley Waldrep, containing an agreement securing payment of it, was executed by defendant Paul Nosrat and witnessed by Edwin Waldrep. Nosrat and Edwin were brothers-in-law and co-owners of Bynum Hardware Company in Calhoun County. Nosrat is an Iranian citizen who has been engaged in business in the United States for 11 years. It was stipulated that Nosrat can read and write English.

Nosrat…