Watts v. Ward

Action of contract in which the plaintiff seeks recovery on a promissory note dated, August 10, 1940, and executed by the defendant. The trial judge found that the defendant signed such a note. The answer is a general denial, payment and a discharge in bankruptcy.

The trial judge found further that the defendant, on August 10,1940, being indebted to the plaintiffs in the amount of $119.09, sought a further loan of $200’ and delivered to the plaintiffs a financial statement, setting forth therein that, exclusive of the amount then due the plaintiffs, his total indebtedness and liability on that…