Kortz v. Union Cent. Life Ins. Co.

Opinion of the Court by

Judge Ratliff

Affirming.

On June 18, 1927, the Union Central Life Insurance Company, plaintiff below, loaned to appellants, defendants below, tbe sum of $7,500, and to evidence tbe loan defendants executed their series of notes numbered from 1 to 31 inclusive. Note No. 1 was for $53.75, wbicb was for interest on tbe loan from June 18 to August 1, 1927. Eacb of tbe other notes, Nos. 2 to 31, inclusive, dated August 1, 1927, was for $382.64, each due 6 months apart, maturing February 1 and August 1 of eacb year, covering a period of 15 years, tbe last one maturing August 1,…