Hane v. Exten

John B. Hane is the assignee of the note of Theta Electronic Laboratories, Inc. (Theta) in the stated amount of $15,377.07, with interest at six per cent per annum. The note was dated 10 August 1964; stipulated that the first monthly payment of $320.47 would be due five months from date, or on 10 January 1965; and that “In the event of the failure to pay the interest or principal, as the same becomes due on this Note the entire debt represented hereby shall at the end of thirty (30) days become due and demandable * * The note was assigned without recourse to Hane by George B. and Marguerite…