Begnaud v. Cefalu

This is a suit by the State Bank Commissioner, acting in his capacity as the liquidator of the Tangipahoa Bank Trust Company, in Liquidation, to recover judgment against the defendant, Nic Cefalu, on a certain promissory note made and executed by him on August 22, 1932, for the sum of $275, payable June 1, 1934, with interest at eight per cent per annum from maturity, plus ten per cent of the principal and interest stipulated as attorneys' fees, less a credit of $10.75 alleged to have been paid on June 29, 1938. The suit was filed on September 4, 1940. The defendant answered, specifically…