Roy v. Leonard

Defendants have appealed from a summary judgment in the sum of $5,727.50 rendered against them in circuit court in an action on a promissory note. The instrument in question was executed and delivered to plaintiffs on June 20, 1952. In terms it set forth an absolute promise to pay to the order of plaintiffs, or the survivor of them, the sum of $5,450, 90 days after date, with interest at 5% per annum. The declaration in the cause averred that the note was given in consideration of an obligation then owing to plaintiffs by the defendant corporation, and that the individual defendant was an…