MORTGAGE FINANCE CORP. v. HOWARD

Docket No. 26549.

210 Cal.App.2d 569 (1962)

26 Cal. Rptr. 917

MORTGAGE FINANCE CORPORATION, Plaintiff and Respondent, v. JOHN D. HOWARD et al., Defendants and Appellants.

Court of Appeals of California, Second District, Division One.

December 10, 1962.


Attorney(s) appearing for the Case

John L. Mace for Defendants and Appellants.

Hastings, Blanchard & Hastings and Robert G. Blanchard for Plaintiff and Respondent.


LILLIE, J.

Defendants appeal from a judgment for plaintiff in its action to recover the unpaid principal balance of a promissory note guaranteed by them. They contend that as a matter of law the trial court should have reached a contrary determination.

The material facts are without dispute. On December 26, 1959, Pohl-Der Incorporated, a California corporation, executed and delivered to plaintiff its promissory note in the principal amount of $75,000, principal...

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