Qualified Builders, Inc. v. Equitable Trust Co.

This is an appeal from a final judgment entered in the Circuit Court for Prince George’s County in favor of The Equitable Trust Company, appellee, for attorney’s fees which were claimed under the terms of a confessed judgment note, executed on October 18, 1972, by the appellants, Qualified Builders, Inc., the maker, and James C. and Mary E. Proffitt, the endorsers. 1

The note at the center of this controversy, executed to the appellee bank as a renewal promissory note in place of an obligation having like provisions dated July 20, 1972, is for the sum of $75,000, payable as to both principal…