BLACK v. FRANK PAXTON LUMBER COMPANY

No. 16733.

405 S.W.2d 412 (1966)

Lawrence BLACK, Appellant, v. FRANK PAXTON LUMBER COMPANY, Appellee.

Court of Civil Appeals of Texas, Dallas.

On Motions for Rehearing June 24, 1966.

Rehearing Denied July 22, 1966.


Attorney(s) appearing for the Case

Lee Arnett, San Angelo, for appellant.

Ungerman, Hill, Ungerman & Angrist and A. L. Vickers, Dallas, for appellee.


DIXON, Chief Justice.

Appellant Lawrence Black has appealed from a summary judgment against him in a suit on a promissory note.

On August 24, 1964 appellant signed a note for $12,124.92 payable to appellee Frank Paxton Lumber Company, a corporation, in monthly installments of $2,000 each. The note expressly provides for accelerated maturity upon failure to pay any installment when due, for reasonable attorney's fee and for waiver of demand and presentment...

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