American Natl. Bank, Tucumcari v. Tarpley

OPINION OP THE COURT

BICKLEY, J.

In this cause plaintiff (appellee) filed its complaint by which judgment was sought against the defendants for the sum of approximately $8,000 on account of a note given by the defendants to the Peco Producing & Refining Company, and pledged by that company to plaintiff to secure an indebtedness owing by that company to the plaintiff, on which there was due approximately $4,000. The record does not show any answer or other defensive pleading by the defendants, except a stipulation entered into between the plaintiff and the defendants. Said stipulation is as…