Piowaty v. Regional Agricultural Credit Corp.

BARNS, J.:

This is a case wherein the appellants were defendants below. The appellee-plaintiff sued the defendants on a contractual obligation which had the form of an ordinary promissory note, together with the following provisions:

“The advances represented by this note are made to finance the production of the quantity of essential war crops specified in the makers’ application on Form RACC-RP3, which bears the same identification number (preceded by the letter W) of this note.

“The makers shall be personally liable for the full amount of such advances, subject to the condition that, if the…