Emperee v. Meyers

Opinion by

Mr. Justice O’Brien,

On May 9, 1984, appellant, Iris Meyers, president and sole shareholder of Bar Crescent, Inc. (corporate appellant) and her husband, Samuel Meyers, executed a judgment note in the face amount of $10,000, in favor of the appellee, Vincent Emperee, promising payment one day after date. At the time of the execution of the note, the other two directors of corporate appellant were Stephen J. Harris, Esquire and Louis Simon, who were also treasurer and secretary, respectively, and Who were nominees of Tavern Lending Corporation (T.L.C.), a creditor of corporate…