Gorman-Gammill Seed & Dairy Supply Co. v. Carlisle

The note upon which this suit is based was given for the purchase price of a small light and water plant for use at the home of appellee, including his dairy. At the time of the installation of the plant, appellee executed a note due 90 days thereafter. It is claimed that another note was given in its renewal, and the note sued on was a second renewal. The interest was paid at each renewal. Before the last note was due, appellee notified appellant of his election to rescind. This was some 8 months after the plant was installed. It is claimed by appellee that the plant did not operate…