SOGNIER, Judge.
On November 4, 1974, appellants Henry and Kalb executed a non-negotiable promissory note in the amount of $191,000 to Bentley in exchange for Bentley's interest in 22.5 acres of land. Interest on the note was 6% per annum on the principal, payable on "the 4th day of each year, commencing on the 4th day of November, 1975." The principal sum was due in its entirety on or before November 4, 1980. The note provided that upon default of any installments...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
