Gramatan National Bank & Trust Co. v. Moody

This is an action of contract in which the plaintiff seeks to recover the unpaid balance of a note. The case was tried to a jury, and at the close of the evidence the plaintiff and the defendants presented motions for directed verdicts. The plaintiff’s motion was denied and that of the defendants'was granted, and the case comes here on the plaintiff’s exceptions to these rulings.

The facts, most of which were not in dispute, were these. The principal sum set forth in the note declared on is $551.90, payable in thirty-six monthly instalments of $15.33, the first instalment being due sixty days…