Press v. Davis

DUNKLIN, Chief Justice.

On June 2nd, 1930, Mary Foley, a feme sole, loaned to W. F. Davis the sum of $5,000, for which Davis executed to her two promissory notes, the first for the sum of $2,000, payable two years after date; the second for $3,000, due five years after date, each of said notes bearing interest at the rate of eight per cent per annum, payable semi-annually, and past due interest to draw interest at the rate of ten per cent per an-num. To secure the payment of the notes, Davis executed a deed of trust on three parcels of property, as follows: First, a surface lease on the west…