Tisdale v. Akers

Ed. F. McFaddin, Justice.

In this suit on a promissory note, the primary question is whether the Chancery Court correctly evaluated the evidence on the issue of payment; and the secondary question is the rate of interest.

On May 23, 1947, Miss Jean Mullen, for value received, executed to James Akers (plaintiff below and appellee here) her promissory note for $2,000, payable $350 on'May 27th, and $200 on the 27th day of every month thereafter until paid in full; and as á part of the transaction, and to secure the payment of the note, Jean Mullen executed to James Akers a chattel mortgage on all…