Waterman v. Sullivan

Opinion by

Mr. Justice Sutton.

This writ of error concerns questions arising from a trial to the court to collect the balance due on a promissory note. We shall refer to the parties by name.

The note, in the original amount of $695.00, was executed by Leslie Dewald, Jr., and Edna M. Dewald with Francis Waterman as an accommodation maker. It was on a form providing for interest, penalties and a 20% attorney’s fee for collection on the original principal amount, and was secured by an unrecorded chattel mortgage on certain personalty owned by the Dewalds. Les lie Dewald, Jr., later took out…