Owens v. National Bank of John A. Black

Opinion of the Court by

Judge Thomas

— Affirming.

On August 11, 1931, one J. I. Mitchell executed and delivered to appellee and plaintiff below, National Bank of John A. Black, his promissory note with the appellant and defendant below, Hiram H. Owens, as his surety. It was the last renewal of an indebtedness similarly created about ten years prior thereto and at the time, as well as on the occasion of each renewal, plaintiff charged and collected 8 per cent, interest from the principal in the note, except for a period of about two years prior to the execution of the last renewal, which is the…