LIBERTY STATE BK. & TRUST v. HEMISPHERE DEV. GROUP, INC.

Docket No. 45324.

98 Mich. App. 285 (1980)

296 N.W.2d 241

LIBERTY STATE BANK & TRUST v. HEMISPHERE DEVELOPMENT GROUP, INC.

Michigan Court of Appeals.

Decided June 17, 1980.


Attorney(s) appearing for the Case

William I. Liberson, P.C. (by Stephen J. Beck), for plaintiff.

Murdoch J. Hertzog, for defendant.

Before: T.M. BURNS, P.J., and BASHARA and CYNAR, JJ.


T.M. BURNS, P.J.

Defendant, Hemisphere Development Group, Inc., appeals of right a May 10, 1979, judgment of the circuit court that found it liable to plaintiff, Liberty State Bank & Trust, for money due on a promissory note and security agreement and awarded to plaintiff $25,993.31. We affirm.

On June 27, 1972, defendant and a creditor, American Acceptance Company, entered into an agreement under which defendant was required to execute and deliver to...

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