Vaughan v. Eich

RICHARD L. HOLMES, Retired Appellate Judge.

Clifford R. Vaughan and Evelyn S. Vaughan filed suit against Roy E. Eich. In their complaint the Vaughans alleged that Eich had executed and delivered a promissory note payable to the Vaughans and that $13,600, plus interest, was owed to the Vaughans on this note.

*114Eich filed an answer, wherein he admitted that he had signed the promissory note. However, his answer further stated that he had signed the promissory note in his capacity as president of Bearings and Power Transmission, Inc., and not in his individual capacity.

The case was tried without a…