ENGLAND v. VALLEY NATIONAL BANK OF PHOENIX

No. 7225.

94 Ariz. 267 (1963)

383 P.2d 183

James W. ENGLAND, Jr., Appellant, v. The VALLEY NATIONAL BANK OF PHOENIX, a national banking association, Appellee.

Supreme Court of Arizona. In Division.

June 27, 1963.


Attorney(s) appearing for the Case

Peterson, Estrada & Matz, Phoenix, for appellant.

Rawlins, Davis, Ellis, Burrus & Kiewit, by Peter Kiewit, Jr., Phoenix, for appellee.


UDALL, Vice Chief Justice.

This is an action based on two promissory notes made by defendant-appellant in favor of the plaintiff-appellee on March 11, 1950. The first note, in the amount of $42,427.09, represented the unpaid principal due plaintiff on two notes made by the defendant in 1941 and 1942. The second note, in the amount of $14,413.43, represented the accumulated unpaid interest on these original notes. At the time the 1941 note was made by defendant, he...

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