Clay v. Peoples Finance & Thrift Co.

On April 25, 1927, C. B. Clay and others executed an instrument reciting that for value received they jointly and severally promised to pay to the order of the Peoples Finance & Thrift Company of Memphis the sum of $200, with interest from maturity until paid, in fifty weekly installments of $4 each. The instrument also contained the following-: “To secure payment hereof we and each of us hereby irrevocably empower any attorney or any officer of the Peoples Finance & Thrift Company, at any time hereafter to appear for ns, either or any of ns, in any conrt, in term or vacation, and to confess…