Akron Auto Finance Co. v. Stonebraker

The controversy in this case grows out of a written contract which it is difficult to specifically classify, and which is as follows:

“Cognovit Note and Chattel Mortgage

“$455.57 Akron, Ohio, March 13, 1940.

“For value received I, we or either of us, the undersigned and hereinafter also called the Mortgagor, jointly and severally promise to pay to the order of The Akron- Auto Finance Company, hereinafter also called the Mortgagee, at its office in Akron, Ohio, the sum of ($455.57) Four Hundred Fifty-five and 57/100 Dollars, together with a charge, including interest, of three per cent, per month…