Hudspeth v. Tree Mart, Inc.

CRIST, Judge.

This is an appeal by defendant from a summary judgment entered on June 14, 1977, in favor of plaintiff in the total amount of $8,213.04 for unpaid interest and principal due on a promissory note. We affirm.

The petition alleged the corporate existence of the defendant, the execution by the defendant of the promissory note for valuable consideration, the terms of the note, the plaintiff’s status as holder of the note, and the amount due under the note.

Thereafter, defendant filed its answer admitting its corporate existence and denied the remaining allegations by stating “that it…