Cardinal Concrete Co. v. White

By Judge Rosemarie Annunziata

The parties in this case entered into a promissory note by which the debtor, David M. White, promised to pay Cardinal Concrete, Inc., the sum of One Hundred Sixty Four Thousand Two Hundred Ten Dollars and Fifty Cents. The note also contained a power of attorney which was executed for the purposes of confessing judgment. The provisions, in pertinent part, are stated as follows:

Cardinal Concrete Company does hereby constitute and appoint Paul B. Terpak his true and lawful attorney in fact, and with full power and authority hereby given to appear before the Clerk of…