Grayson v. Bauschlicher

On January 15, 1925, S. F. Gray-son, as principal, executed a note in favor of C. Bauschlicher for the sum of $225 less $20 paid immediately subsequent to the execution of the note, and drawing interest from date until paid at the rate of 10 per cent, per annum, due one year after date. J. T. Grayson signed this note as surety. On June 19, 1925, J. T. Grayson died intestate and left appellants here as the sole surviving heirs at law. By agreement between the heirs and Bauschlicher, who was the sole creditor of the J. T. Grayson estate, the heirs took possession and remained in such possession…