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PARLIAMENT INDUS. v. WM. H. VAUGHAN & CO.

501 Pa. 1 (1983)

459 A.2d 720

PARLIAMENT INDUSTRIES, INC., Appellant, v. WILLIAM H. VAUGHAN & CO., INC., Appellee.

Supreme Court of Pennsylvania.

April 27, 1983.

Attorney(s) appearing for the Case

Harry A. Dower, Dower & Co., Allentown, for appellant.

Anthony W. Novasitis, Jr., Philadelphia, for appellee.

Before ROBERTS, C.J., and NIX, LARSEN, FLAHERTY, McDERMOTT, HUTCHINSON and ZAPPALA, JJ.

OPINION OF THE COURT

FLAHERTY, Justice.

On December 27, 1977 Parliament, appellant herein, filed a complaint in confession of judgment in the Court of Common Pleas of Lehigh County.1 Attached to the complaint were four promissory notes, each in the amount of $87,533, maturing respectively on December 28 of 1977, 1978, 1979, and 1980. The notes specify that each was to be paid in four equal...

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