Avco Finance Co. of Marshall v. Baker

JAMES W. BROADDUS, Special Commissioner.

The facts pertinent to this appeal are as follows: Plaintiff, Avco Finance Company, filed its petition in two counts on October 29, 1969, alleging in the first count that defendants, Edward Baker, Jr., and Margaret Baker, executed their promissory note payable to plaintiff in the original amount of $1,591.85 on August 23, 1968, and that there was a present balance due and owing of $1,428.85. Count Two alleged that said defendants obtained said loan as a result of executing a false and fraudulent statement as to their financial condition on said date.…