&198tna Finance Co. v. Betz

Aetna Finance Company, a corporation engaged in the business of making small loans under the provisions of Act No. 7 of the Extra Session of 1928, brought this suit in the First City Court of New Orleans alleging that on March 22d 1947, it had made a loan of $300.00 on a note executed by Gus Betz and John W. Bowen, and that there remained past due and owing a balance of $275.48, together with interest and attorney's fees as stipulated in the note. It prayed for judgment against the said Betz and the said Bowen for the said amount with interest and attorney's fees.

Betz made no appearance and…