Personal Finance Co. v. Lillie

In this action, brought April 10, 1940, the plaintiff alleged in the first paragraph of its complaint that on July 28, 1939, “the defendants] owed and now owe the plaintiff” $279 as evidenced by their note of July 28, 1939, payable by installments. In the remaining paragraphs it alleged in substance that on July 27, 1939, the defendants in applying to the plaintiff for a loan made false statements to the effect that the defendant Robert was financially responsible although he was in fact bankrupt, knowing their statements to be false and with intent to induce the plaintiff to make the loan…