Investors Finance Co. v. Bodnar

This action by the Investors Finance Company against Joseph Bodnar, the defendant, is to recover on his promissory note dated June 28, 1921, in the principal sum of $750, payable to the Thrift Mercantile Company or order. The note was payable in eight separate installments, the last payment becoming due and payable March 1, 1922. Three payments of $100 each had been made thereon, leaving a balance due of $450. The complaint further alleges that plaintiff is a bona fide purchaser of the note before maturity. The only defense to the note which calls for consideration is the amended third…