Bomanzi of Lexington, Inc. v. Tafel

STEINFELD, Judge.

Ann Tafel, the appellee, sued Bomanzi, Inc. and Bomanzi of Lexington, Inc. to recover money due on a promissory note which was evidence of a debt of Bomanzi, Inc., to Ann. The trial court entered judgment against both defendants for the total amount for which she sued. Only Bomanzi of Lexington, Inc., has appealed.

Bomanzi, Inc., was insolvent and was indebted to many creditors including stockholders, all but one of whom held promis sory notes. These are referred to as debentures. John Tafel, husband of Ann, was the one who held no note. The note on which Ann sued was issued…