Coco v. Soniat

MINOS D. MILLER, Jr., Judge pro tem.

This suit was filed by petitioners-appel-lees, Malcolm A. Coco, and Marsiglia Insurance Agency, Inc., seeking $1,380.50 from defendants-appellants Lucille M. Son-iat, Theodore P. Soniat, Louis G. Soniat, Elise L. Soniat and Eugene M. Soniat. This sum of money represented 6% per annum interest on $60,000.00 for a certain period, and was placed in escrow when the parties were unable to agree that the maker of the note had the right to stop the accrual of interest by the prepayment of a portion of an installment of the note.

On April 30, 1959, in an authentic…