Society National Bank v. Pemberton

This matter came on for hearing on April 30, 1979. The complaint seeks recovery of $2,503.39, the amount owing to the plaintiff on a promissory note executed by the defendants. The proceeds of this note were used by defendant Ralph Pemberton to purchase a used truck from Chapel Hill Dodge, the third-party defendant. The plaintiff acknowledged at trial that any defenses available against Chapel Hill Dodge would also be available against the plaintiff.

The facts giving rise to this cause of action are as follows: Defendant Ralph Pemberton desired to supplement his income as a landscape laborer…