Cochran v. Quinter, Inc.

Quillian, Presiding Judge.

This is an appeal of a jury verdict finding appellant liable on a promissory note.

In 1971 appellant Cochran’s husband purchased some apartments in Atlanta from appellee Quinter, Inc. and agreed to pay appellee therefor over a period of time. In 1975 the husband informed appellee he could not pay the remaining balance of about $130,000. Appellee agreed to terminate the husband’s existing obligation in return for an immediate $40,000 and a promissory note for $10,000 signed by the husband and appellant. An agreement and note to this effect were prepared by the…