Crisafulli v. Childs

Motion was made by the defendant for an order of summary judgment dismissing the plaintiffs’ complaint and directing the entry of judgment for the defendant upon the causes of action set forth in the counterclaim contained in his answer. The plaintiffs cross-moved for an order dismissing the counterclaim of the defendant and granting summary judgment to the plaintiffs upon their complaint.

*256About December 22, 1967 the defendant loaned to the plaintiffs the sum of $15,000. To secure the loan the plaintiffs executed a certain cognovit or judgment note which provided for installment payments on…