Farmers' National Bank v. Salina Paper Manufacturing Co.

On November 4, 1893, the Salina Paper Manufacturing Company executed a promissory note in favor of the Farmers’ National Bank of Salina, Kansas, in ■which, it promised to pay eight thousand dollars ninety days after date, without grace, at the Farmers’ National Bank, with ten per cent, interest per annum after maturity. On February 2, 1892, the day on which the note became due, a suit was brought thereon. It was alleged in the petition that it was the custom of that and other banks in the city of Salina to close at half past three o’clock on the afternoon of each business day; and that this…