Southern Rock Island Plow Co. v. Wise

JACKSON, Justice.

On June 17, 1930, J. A. Wise and B. B. Wise purchased from Hastings Brothers, who were handling the implements of the Southern Rock Island Plow Company on commission, one tractor, one lister drill, one disc plow, and one three-row R. I. lister, for a consideration of $2,055.

They paid in cash and trade $685 and executed their written obligation for the sum of $1,370, payable in two equal annual installments to the Agricultural Bond & Credit Corporation of Chicago, Ill., one due July 1, 1931, and one due July 1, 1932, each bearing interest at the rate of 10 per cent, per annum…