Bedner v. Dunigan Tool & Supply Co.

FUNDERBURK, Justice.

This is a suit by Dunigan Tool and Supply Company (hereinafter called plaintiff) against A. G. Bedner (hereinafter called defendant) to recover ’an alleged balance due of $1,645.90 upon a promissory note for the original principal sum of $34,-764.67; and to establish and foreclose a chattel mortgage lien, securing said note, upon a steel rotary drilling rig.

Defendant pleaded payment of $1,000 upon said note (by return of a pump and motor theretofore purchased at a price of $1,000) for which he was given credit of $500 upon the principal and $19.40 upon the interest,…