Gulf States Finance Corp. v. Airline Auto Sales, Inc.

LOTTINGER, Judge.

This is a suit upon a number of promissory notes with Chattel Mortgages by Gulf States Finance Corporation d/b/a E. J. Gonzales Finance Corporation as petitioner, against Airline Auto Sales, Inc. and H. V. Carter as defendants. The Lower Court rendered summary judgment in favor of petitioner and against defendants and the defendants have taken a devolu-tive appeal.

The record discloses that the petitioner is the holder of fifty (SO) promissory notes, executed by Airline Auto Sales, Inc. and endorsed by' H. V. Carter, made payable upon demand and bearing interest at eight (8%)…