Ltd. v. Liles

ARTHUR J. PLANCHARD, Judge Pro Tern.

This is an appeal by Loretta Glod Interiors, Ltd., Plaintiff-Appellant, from the judgment of the trial court in its suit to enforce a chattel mortgage and collect on a promissory note.

*657The parties to this action are the sellers of the business, “Loretta Glod Interiors”, and the purchasers. The plaintiff is the holder of a promissory note which was executed by the defendants, Larry Liles, Ann Liles and Charles E. Liles, the father of Larry Liles. (The note and chattel mortgage were executed in connection with the sale of the business by Loretta and Walter…