Harrison v. Leasing Associates, Inc.

BARRON, Justice.

This is a suit on a promissory note. About June 21, 1968, Dr. William T. Harrison and Alfred L. Rubin executed and delivered an unsecured promissory note in the principal sum of $30,198.55 to appellee, Leasing Associates, Inc., said note bearing interest at the rate of 10% per annum and payable in equal installments of $350.00 per month until paid in full. Suit was brought alleging default of payment and acceleration of the total indebtedness. Dr. Harrison filed an amended answer in which he alleged that “approximately $20,000.00 has been paid to Leasing Associates, Inc., and…