On December 2, 1991 defendants executed a promissory note payable to Axon Associates, Inc. in the sum of $26,740. The proceeds from the note were paid to Tekna Synergy Corporation for an interest in oil wells owned by Tekna. The note provided that repayment of the principal sum was to be paid in 14 quarterly installments of $1,910 each plus interest thereon beginning on April 1, 1992 and thereafter on the first day of each succeeding quarter...
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