Howell v. Pennington

Suit was instituted by L. M. Pennington, guardian, against Thomas J. Gaither, upon a promissory note for $500, signed by the latter and dated February 10, 1896, due twelve months after date, “ with interest from maturity at the rate of eight per cent, per annum.” A number of credits were entered on the note, and the amount claimed to be still due thereon was $425.00 principal, besides accrued interest. The plaintiff in his petition alleged, that, to secure the payment of this note, Gaither had given him a security deed, covering certain described realty; and lie accordingly prayed that he be…