Wade v. Pastor

HOOD, Associate Judge.

Appellant Wade was the payee of a promissory note made by Hurtz. She endorsed and sold the note to appellee Pastor who in turn sold the note, endorsing it without recourse, to Dawson. Dawson filed suit on the note against Hurtz and Wade. Wade filed a third-party complaint, against Pastor, alleging that a fiduciary relationship existed between her and Pastor and that Pastor had violated that relationship and had obtained a secret profit in the purchase and resale of the note. The third-party complaint asked that any sums adjudged in favor of Dawson against Wade be…