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EQUITABLE LEASING CO. v. DRISCOLL

Docket No. 26654.

215 Cal.App.2d 243 (1963)

30 Cal. Rptr. 85

EQUITABLE LEASING COMPANY, Plaintiff and Respondent, v. JAMES J. DRISCOLL, Defendant and Appellant.

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

April 18, 1963.

Attorney(s) appearing for the Case

Frank DeMarco, Jr., and Milo V. Olson for Defendant and Appellant.

Lane, Mathews & Hoag, William J.D. Lane and Allan M. Carson for Plaintiff and Respondent.

BURKE, P.J.

Plaintiff corporation employed defendant as a salesman, the terms of his employment being formalized by a resolution of the board of directors. During the course of his employment defendant borrowed moneys from plaintiff in the sum of $4,575.76. Defendant executed a promissory note in the sum of $3,875 in favor of plaintiff representing the greater portion of the debt and the balance of $700.76 remained due on the open account books of the corporation...

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