Continental Bank & Trust Co. v. Summons

OTT, Judge.

The plaintiff bank in liquidation sues the three defendants, Murphy Simmons, C. L. Angelloz, and Mrs. M. Simmons, for the balance on a note signed by them, together with another party, who is not made a party to the suit, which note is dated October 26, 1929, for the sum of $300 payable in 20 installments of $15 each, due on the 26th of each month thereafter, with 3^ per cent, per month on the unpaid balance, secured by a chattel mortgage executed by one of the signers. It is alleged that the principal of the note has been reduced to $250, and the suit is for that amount, plus…