National Builders Bank v. Simons

Mr. Presiding Justice Friend

delivered the opinion of the court.

This is a companion case to two other appeals (consolidated Gen. líos. 40,759 and 40,760), in which opinions are being filed concurrently with this case. The defendant, Robert L. Simons, had negotiated loans on behalf of Stone-Field Corporation and Tailoring Corporation of America, of which he was president, for the aggregate sum of $45,000. The consolidated appeals involved notes approximating $13,000, and this appeal arises out of an action instituted on the remainder of the obligations, the amount due and owing thereon being…