State Bank v. Ryan

This is an action brought on the following promissory note:

“$6,000.00. No. 11084.

“Elk Point, South Dakota,

“March 15th, 1921.

“Five months after date, for value received, I jointly and severally promise to pay to the order of State Bank of Alcester six thousand dollars, with interest at 8 per cent per annum-, payable annually from date until due. Principal or interest not paid when due shall bear interest at 10 per cent from due until paid. Payable at the State Bank of Alcester, Alcester, S. D., Post ¡Office, Beresford, S-. D. “M. B. Ryan.”

On July 16, 1919, respondent herein made, executed, and…