Greene v. Cotton

DAVIS, Commissioner.

The critical question is whether a writing by decedent S. R. Jones legally accomplished the cancellation and release of a promissory note which B. C. Cotton and his wife, appellees, had executed to Jones. The circuit court held that it did. There are other questions presented by appellants, but our view of the case makes it unnecessary to consider or discuss them.

On August 17, 1955, the Cottons executed and delivered to S. R. Jones their promissory note in the sum of $72,000 bearing 5% interest and secured by mortgage on real estate in Grant County owned by the Cottons.…