Edwards v. Petrone

Jerry W. Petrone seeks review of a judgment determining that he owed $42,522.84 in principal and interest on a promissory note to William C. Edwards. Petrone argues that the trial court erred in holding the promissory note, which was under seal, to be an executed contract, and in excluding evidence to support Petrone's affirmative defense of failure of consideration. We affirm because the promissory note was an executed contract under seal; therefore, the seal was conclusive evidence of sufficiency of consideration.

Edwards commenced this action to collect on a promissory note of $50,000 given…