[DOWNLOAD] "Cobbey v. Peterson" by Colorado Supreme Court * Book PDF Kindle ePub Free

March 24, 2021

eBook details

Title: Cobbey v. Peterson
Author : Colorado Supreme Court
Release Date : January 29, 1931
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 51 KB

Description

It appears that on October 21, 1926, Schmid made the note involved and to secure it gave a chattel mortgage. The note was for $1,105, and payable in monthly installments of $50 with interest at 8 per cent per annum payable monthly. When it was proposed to the defendant that he purchase the note he declined unless the plaintiff and two others guarantee its payment, which was done. The consideration for the sale was $875; the guarantee was in writing, signed by the three guarantors, and appears on the reverse of the note in this language: "I hereby guarantee the payment of $50 per month and interest according to the tenor of this note."