A&C Employment Agency, Inc. v. Alan Mercantile Corp.

On January 6, 1964, defendant Alan Mercantile Corp. (Alan) loaned plaintiff A&C Employment Agency, Inc. (A&C), $2,000 for which A&C delivered to Alan:(1) A $3,000 promissory note, dated January 6, 1964, made by A&C payable to Alan on demand with interest at 6%, indorsed by the individual plaintiffs, waiving presentment, demand and notice, consenting that renewals, extensions and partial payments would not operate to discharge any of the parties, and that costs *769of collection and a reasonable “attorney’s fee of 15% of the amount of this note * * * shall be added to * * * and recoverable with…