In April 1992, plaintiff sold a used 1986 Cadillac automobile to William Rieber, Sr. who, at that time, was a principal shareholder and former officer of defendant. As part of the transaction, Rieber, signed a promissory note for the sum of $10,000 at 12% interest to be paid in 59 equal installments of $225. The record shows that defendant, on Rieber's behalf, paid the first 23 installment payments due plaintiff from May 1992 through March...
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