Heisel v. York

BRICE, Chief Justice.

The question is whether payment of a certain promissory note, executed by appellant and payable to the appellee, was established under the common law rule that after a lapse of twenty years from its date payment is presumed. The findings of the court are substantially as follows:

On the 18th day of December, 1918, the appellant York made, executed and delivered to the appellee Heisel his promissory note in the following words and figures:

“$1203.84 Alamogordo, New Mexico,

Dec. 18, 1918

“For value received I promise to pay to the order of Leo L. Heisel the sum of Thirteen…