Cooper v. Virginia-Carolina Chemical Corp.

On December 31, 1929, Virginia-Carolina Chemical Corporation filed suit against J. P. Cooper in the superior court of Houston county on two promissory notes. The first of these notes was for the principal sum of $1310.06 and matured November 1, 1929; and the second was for the principal sum of $1000 and matured March 1, 1930. Each' note was dated April 1, 1929, and each bore interest from date at the rate of eight per *664cent, per annum. Neither note contained a clause providing for acceleration of maturity, but a deed to certain realty, given to secure the debt evidenced by the notes, did…