Budget Finance Plan v. Haner

SPEAR, Justice.

This is an appeal from a judgment in favor of plaintiff-respondent on a promissory note in the sum of $559.20 together with accrued interest at 6% and court costs.

Respondent, Budget Finance Plan, brought this action to recover the face value of a promissory note signed by appellants on October 30, 1964. On the basis of a financial statement prepared during this transaction, a loan of $70.00 was executed in favor of the appellants together with the renewal of a previously existing note in the amount of $489.20. At the time of this action, no payment had been made on the new note.