Counting Beans.A signature on a loan doesn't amount to a hill of beans for one Little Rock company. William C. Casto, proprietor proprietor n. the owner of anything, but particularly the owner of a business operated by that individual. PROPRIETOR. The owner. (q.v.) of Bean Music Co., was ordered to repay a $124,350 loan plus interest after he defaulted on a promissory note promissory note, unconditional written promise to pay a certain sum of money at a definite time to bearer or to a specified person on his order. Promissory notes are generally used as evidence of debt. to Metropolitan National Bank of Little Rock. The loan grew to a $140,000 judgment in July, including $35.26 a day in interest. Since then, Casto's attorney, Roger Fitzgibbon, has taken leave of the case and left Casto on his own. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. court records, Fitzgibbon left because Casto incurred the maximum legal fees and could not accrue To increase; to augment; to come to by way of increase; to be added as an increase, profit, or damage. Acquired; falling due; made or executed; matured; occurred; received; vested; was created; was incurred. any more. Metropolitan filed suit against Casto in August 2000 for nonpayment. In March, the judge upped the payment due to $137,809 49. According to court records, Casto's defense for nonpayment was that Metropolitan did not show proof of a declining balance or an amount owed. |
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