[DOWNLOAD] "Branz v. Stanley Et Al." by Cumberland Supreme Court of Maine # eBook PDF Kindle ePub Free

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eBook details

• Title: Branz v. Stanley Et Al.
• Author : Cumberland Supreme Court of Maine
• Release Date : January 19, 1947
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 55 KB

Description

In this action upon a promissory note against Carlton H. Stanley and Alice F. Stanley at the close of the evidence the jury was instructed to return a verdict against both defendants. Carlton H. Stanley abides the verdict. Alice F. Stanley reserved exceptions. The case reported shows that Carlton H. Stanley, having wrecked his Studebaker, on October 30, 1945 purchased and received delivery of a used Terraplane from Samuel Silverman doing business as Sam's Used Car Lot, traded in his old car and gave his negotiable installment note of even date for $275 in part payment of the balance of the purchase price. On the same or following day the payee having indorsed the note for transfer, offered it for discount to Maurice A. Branz doing business as the Guardian Acceptance Co., but he refused to finance the paper without another signer and a representative apparently of the payee carried the note to the home of Carlton H. Stanley and his wife Alice F. Stanley signed it as a comaker. Five days later the note still bearing its original date and indorsement for transfer was delivered to Maurice A. Branz who sent his check for $250 to Samuel Silverman for it and when the first installment was not paid sued the signers jointly for the full amount of the note.

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