Raley v. Grayson

On the 10th day of January, 1925, J. T. Grayson and his son, H. P. Grayson, executed and delivered their promissory note to C. ¡Bauschlicher in the sum of $225 for money borrowed by H. P. Grayson from the latter, with interest at 10 per cent, from date, payable annually, and due one year after date. J. T. Grayson died before the maturity date of the note, and early in 1929 said note was placed in the hands of Mr. C. 0. Raley for collection. After trying’ to collect the note from the heirs without success, he proceeded to take out letters of administration in his own name, probated the claim…