FIRST NATIONAL BANK IN LENOX v. Brown

RAWLINGS, Justice.

Action by plaintiff bank on a promissory note. Defendants answered alleging fraud in the inducement. Trial court found for defendants. Plaintiff appeals. We affirm.

The factual situation is complex and will be referred to only in so far as deemed material to a determination of this appeal.

Plaintiff is payee of an unsecured $4500 promissory note admittedly executed by Wyn Brown January 17, 1967, later cosigned by his father, Merle Brown. July 17, 1967, this instrument matured. July 18, 1967, Wyn Brown executed a $4500 renewal note, maturing January 18, 1968, similarly…