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CITIZENS VALLEY BANK v. DOUGLAS ROBINS, INC.

CA 82-2300; CA A30203.

687 P.2d 815 (1984)

69 Or.App. 711

CITIZENS VALLEY BANK, an Oregon Banking Corporation, Respondent, v. DOUGLAS ROBINS, INC., an Oregon Corporation; and Douglas F. Robins, Individually, Appellants.

Court of Appeals of Oregon.

Decided September 12, 1984.

Attorney(s) appearing for the Case

John L. Barlow, Corvallis, argued the cause for appellants. With him on the briefs were Peter L. Barnhisel and Fenner, Barnhisel & Willis, Corvallis.

Michael B. Brink, Albany, argued the cause for respondent. With him on the brief were Dean M. Quick and Weatherford, Thompson, Brickey & Powers, P.C., Albany.

Before RICHARDSON, P.J., and WARDEN and NEWMAN, JJ.

NEWMAN, Judge.

Defendants appeal from a judgment for $31,406.88 plus interest, costs and attorney's fees, on a note that defendant corporation gave plaintiff for a $60,000 loan.

Defendants had failed to pay the note on December 31, 1981, the due date. The parties extended that date to September 30, 1982. After plaintiff demanded payment of the entire balance the parties agreed to another extension. By letter dated October 14, 1982, plaintiff's attorney advised...

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