Central Credit Corp. v. Ravencraft

LOTTINGER, Judge.

This is a suit filed by petitioner, Central Credit Corporation, Mid-City Branch, Inc., versus defendant, James R. Ravencraft, for the sum of $816.00, same being the original amount of the promissory note sued upon. The Lower Court awarded judgment in favor of defendant and dismissed petitioner’s claim, and petitioner has appealed.

The record discloses that on December 1, 1969, the defendant executed a promissory note in the sum of $816.00 payable to Gulf-co Finance Company. During January of 197Ó, Gulfco sold the note to petitioner.

No payments having been made on this note,…