BUSINESS AIRCRAFT CORP. v. ELECTRONIC COMMUN., INC.

No. 14380.

391 S.W.2d 70 (1965)

BUSINESS AIRCRAFT CORPORATION, Appellant, v. ELECTRONIC COMMUNICATIONS, INC., Appellee.

Court of Civil Appeals of Texas, San Antonio.

Rehearing Denied May 26, 1965.


Attorney(s) appearing for the Case

Jack H. Kaufman, San Antonio, for appellant.

H. Maxwell Parker, San Antonio, for appellee.


MURRAY, Chief Justice.

This is a suit by Electronic Communications, Inc., the assignee of a non-negotiable promissory note, against Business Aircraft Corporation, the payor of the note. The note was payable in four equal annual installments, the first of which fell due on December 27, 1963, was not paid. Thereafter, on May 18, 1964, the holder of the note declared all four installments due, placed the note in the hands of...

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