Crestlawn Memorial Park v. Scott

Birdsong, Judge.

This case concerns a jury verdict on a contract obligation. Appellant Crestlawn Memorial Park, Inc. (Crestlawn) purchased a parcel of land dedicated to use as a cemetery from Scott Properties in 1967, for which Crestlawn executed a note in the amount of $40,000. This note was assigned to the appellee Scott in 1968 prior to maturity. The note called for 72 installments with the entire unpaid principal of the note due and payable in May, 1973. Payments were made on the note through December, 1971, after which the note remained unsatisfied until March, 1975, when suit was brought…