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BLITZ v. DOWE

No. 2524.

159 A.2d 667 (1960)

Robert BLITZ, Appellant, v. Ray M. DOWE, Appellee.

Municipal Court of Appeals for the District of Columbia.

Decided April 7, 1960.

Attorney(s) appearing for the Case

Samuel R. Blanken, Washington, D. C., for appellant.

Herman Miller, Washington, D. C., for appellee.

Before HOOD and QUINN, Associate Judges, and CAYTON (Chief Judge, Retired) sitting by designation under Code, § 11-776(b).

HOOD, Associate Judge.

Appellant Blitz was the payee of a second deed of trust note in the principal sum of $5,500, with interest at 6%, payable in monthly instalments of $60, such payments to be applied first to interest and the balance to principal. Blitz sold the note to appellee Dowe for $4,000, endorsing it "With recourse as to principal only." Apparently the sale occurred immediately after execution of the note and prior to any payments thereon. Payments to...

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