United States Fidelity & Guaranty Co. v. Park

Lyle Brown, Justice.

Appellant sought judgment on the basis of its ownership of a promissory note purportedly executed by appellee. The trial court, sitting as a jury, held that appellant failed to meet its burden of proof that appellee did in fact sign the note. We shall refer to appellant as U.S.F.& G. and to appellee as Park.

On March 7, 1960, Park purchased from Kern-Limerick, Inc., a large crawler tractor for $14,557.92. U.S.F.&G. contends that Park executed a promissory note for part of the down payment, which note was negotiated to First National Bank of Little Rock; that after the…