MEMORANDUM
WANGELIN, District Judge.
General Electric Company (G. E.) brought this action to collect on two promissory notes. Defendants have raised the defense of failure of consideration as to both notes and have alleged payment of one note. The case is before the Court upon an entirely stipulated record. It is clear that the Court has jurisdiction over the matter pursuant to 28 U.S.C. § 1332.
Defendant Construction Associates, Inc. is a construction...
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