Shoenterprise Corp. v. Butler

This was a suit brought by Shoenterprise Corporation against G. C. Butler and W. H. Butler upon a note made by them and J. E. Willingham to complainant for $10,014.58, dated May 10,1955, and due in five annual installments, with an acceleration clause providing that upon default in the payment of any sum when due, the holder might declare the rest of the debt due.

Defendants filed an answer, in effect, confessing the case made by the bill and alleging new matter in avoidance, namely: that complainant was a foreign corporation doing business in Tennessee without domesticating, in violation of…