WALTER E. HELLER & COMPANY v. MALL, INC.

Civ. A. No. 2950.

267 F.Supp. 343 (1967)

WALTER E. HELLER & COMPANY v. MALL, INC., Wilson P. Abraham, Mitchell N. Ashy, and Delta Equipment & Construction Company, Inc.

United States District Court E. D. Louisiana, Baton Rouge Division.

April 27, 1967.


Attorney(s) appearing for the Case

Charles Kohlmeyer, Jr., James A. Churchill, Lemle & Kelleher, New Orleans, La., for plaintiff.

E. Drew McKinnis, McGehee & McKinnis, Baton Rouge, La., for defendants.


WEST, District Judge:

On October 14, 1960, defendant, Mall, Inc., borrowed the sum of $425,000.00 from the plaintiff, Walter E. Heller & Company. In representation of this debt, Mall executed a note, dated that day, made payable to order of Walter E. Heller & Company, in the face amount of $527,000.00. There is no dispute about the fact that this note represented $425,000.00 actually borrowed by Mall plus a finance charge or discount of $102,000.00. The note...

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