Meadow Brook National Bank v. Massengill

MITCHELL, District Judge.

The plaintiff, Meadow Brook National Bank, now merged with the Bank of North America, filed suit against the endorsers of a promissory note in the principal amount of $600,000 executed by West Jefferson Professional Medical Plaza, Inc., which merged into, and is now known as, Southern Land Title Corporation. The Court makes the following findings of fact and conclusions of law.

FINDINGS OF FACT

I

On August 25, 1964, the defendants, John B. Massengill, Mario M. Bonfanti, Julian E. Hotard, Frank Spalitta, James H. Pfister, Charles L. Mammelli, Jr., and Sam J. Reeile,…