American Buyers Club of Mt. Vernon, Illinois, Inc. v. Woolridge

The American Buyers Club of Mt. Vernon, Illinois, Inc., brought suit against Lowell Woolridge and Phyllis Woolridge to recover *616.86, the largest portion of which, *456, represented the principal balance on a promissory note, the remainder being late charges and attorney’s fees. The court, sitting without a jury, found for the defendants and the plaintiff appeals.

The promissory note executed by the Woolridges was payment for a “lifetime membership” in the plaintifFs club. An “initiation fee” of *39.50 was also paid. The consideration provided by the club was the promise that members would be able to…