Hart v. Phenix Insurance

The Phenix Insurance Company of Brooklyn brought against Mrs. B. D. Hart an action upon promissory notes payable to the Southern Messenger Service, or order, to which the plaintiff claimed title as assignee. One of these notes was for a .stated principal sum, and the others were coupon interest notes. The main note contained a stipulation that a specified default in paying interest would, at the holder’s option, mature the whole debt; .and the petition alleged that such default had occurred. Mrs. Hart filed an answer which embraced nothing more than a general denial of theplaintiff’s demand,…