Jefferson Bank & Trust Co. v. Stamatiou

SAMUEL, Judge.

Plaintiff, Jefferson Bank and Trust Company, filed this suit against the defendant, Christos G. Stamatiou, to recover on a promissory note made by defendant and assigned to plaintiff by Key Dodge, Inc. together with a contract of sale and chattel mortgage securing the note.

Defendant answered and filed a recon-ventional demand against plaintiff alleging the vehicle for which he gave the note sued upon was defective1 and that the plaintiff bank, under federal regulations discussed below, took his note subject to his defenses against Key Dodge, Inc.

Plaintiff filed an exception of…