Gibbs v. Ballard County Bank's Assignee

Opinion of the Court by

Judge Settle

Reversing.

On March 19th, 1907, G. D. Holt, of Ballard County, this State, borrowed of the Union Central Life Insurance Company $800.00, for which he executed his promissory note of that date payable ten years after date, with six per cent interest from date, evidenced by ten coupons attached, one payable February 1st each of the ten years, except the last, which will be due when the principal sum matures. To secure the payment of the note and interest coupons, G. D. Holt and wife, simultaneously with their date, executed, acknowledged and delivered to the…