Farmers Bank of West Louisville v. Birk

*762Opinion op the Court by

Judge Thomas —

Eeversing.

On October 21, 1914, appellees and defendants below, L. Newman Birk and Ms mother, Mary E. Birk, executed their joint note' to the appellant .and plaintiff below by which they agreed to pay plaintiff ninety days thereafter the sum of $1,800.00, and to secure the note they pledged to the plaintiff as collateral two bonds of $1,000.00 each which had been executed by the Fern Hill Coal Company on April 1, 1909, and were each due on April 1, 1915. These bonds, with attached coupons for the payment of interest thereon semi-annually at the rate of six…