Delta Loan Co. v. Riley

McCALEB, Judge.

Plaintiff, Delta Loan Company, a commercial co-partnership, has sued the defendants, Curtis Riley, Louis Haynes and Charles Marie, for recovery on a certain non-negotiable promissory note executed by the defendants on May 30, 1939, for $170 which is payable to Delta Loan Company, Inc., a corporation. Plaintiff alleges that it is the holder and owner for value and before maturity of the note, which is identified with an act of chattel mortgage passed on May 30, 1939; that said note was transferred to it by Delta Loan Company, Inc., on June 20, 1939; and that the obligation is…