Peter v. First Nat. Bank of La Grange

BAUGH, Justice.

Appellee, hereafter referred to as the bank, sued R. J. Peter and M. N. Peter as makers, and Jake Alexander as in-dorser, on six promissory notes for the sum of $2,500 each, dated February 21, 1930, a part of which were past due and the others declared due by the bank under the accelerating maturity provisions thereof. The appellants pleaded want of consideration, and by cross-action sought to recover moneys already paid on the series of which the notes sued upon were a part; and also sought, for the same reason, cancellation of another series of notes executed by them to the…