Pearce v. Hedrick

Opinion on the Court.

Mighael Hedrick, the appellee, filed his hill against the appellant, William Pearce, stating that, on one oc-casbn, being pressed for money, he obtained a loan of *110one hundred dollars from the appellant, on the terfns, that he was to return him, in a few months, o£ie hundred and twenty-five dollars; and, to secure it, executed his notes for the amount last named, to a certain J. Hedrick, who assigned them to the plaintiff, which he afterwards paid; That he still progressed in borrowing, until he became indebted to the appellant in the sum offive hundred dollars, for which…