Dezso v. Walye

In January, 1929, Dezso sold one hundred and fifty shares of the stock of the West Side Furniture and Music Company of Bridgeport to Walye for the sum of $15,000, to which sum $1000 was to be added for a note of the company held by Dezso for money previously loaned to it by him. At the time the contract was concluded, Walye paid Dezso $4000 in cash and delivered to him a joint and several note for $12,000 signed by himself and Katie Walye his wife. This note, dated January 22d, 1929, provided for semiannual payments of $2000 on the principal, beginning July 1st, 1929; no interest was to be…