Burnett v. Palmer

Jim Johnson, Associate Justice.

This is the second lawsuit filed by appellant, P. H. Burnett, against appellee, J. F. Palmer, in an effort to enforce the same cause of action. The action involves a debt which 3-Minute Car Wash, Inc., an Arkansas corporation, owed to First National Bank of Fayetteville. 3-Minute Car Wash, Inc., was organized prior to November 28, 1955, the appellant, P. H. Burnett, being the sole stockholder. Appellant had endorsed the corporation’s note in favor of the bank and upon insolvency of the corporation was required to pay the note.

On November 28, 1955, appellee and…