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Pulaski National Bank v. Harrell

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eBook details

  • Title: Pulaski National Bank v. Harrell
  • Author : Virginia Supreme Court
  • Release Date : January 15, 1962
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 62 KB

Description

This proceeding originated on March 13, 1958, as a simple action at law -- a motion for judgment by R. A. Hudson to recover from Guida Q. Harrell, individually, and as administratrix of the estate of T. W. Harrell, deceased, the sum of $46,624.86. The motion alleged that the indebtedness was evidenced, in part, by two negotiable promissory notes listed as "Item One" and "Item Two," the first dated March 1, 1954, in the sum of $11,000.00, payable 180 days after date to R. A. Hudson, and executed by T. W. Harrell and Guida Q. Harrell; and the second dated September 1, 1954, in the sum of $30,000.00, likewise payable to R. A. Hudson 180 days after date, and executed by T. W. Harrell and Guida Harrell, upon which there was due a balance of $22,223.25, principal and interest, as of August 1, 1957, and certain order items of indebtedness; all subject to certain credits due by reason of an agreement between Hudson, plaintiff, and Harrell and his wife, dated July 11, 1957. Copies of the two notes were attached as exhibits. Each note provided that if not paid at maturity and placed in the hands of an attorney for collection, the makers would pay 15% additional as attorneys fees.


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