Leleux v. Serafino

O’QUINN, Justice.

Appellant sued appellee in the county court at law of Jefferson county to recover on a promissory note in the sum of $350, bearing 8 per cent, interest, and providing that if collected by legal proceedings 10 per cent, additional should be paid as collection fees. The note was payable to appellant on demand. At the time of the execution of the note, appel-lee executed a pledge agreement and mortgage on a certain diamond ring to secure the payment of the note. The pledged ring was delivered to appellant, which ever since has remained and now is in the possession of appellant.

Ap…