Bullard v. Jones

Crawford, Justice.

The defendants in error, Jones & Watson, being indebted to one Sutton a balance on purchase money for land, applied to Bullard, the plaintiff in error, for a loan with which to complete the payment due to Sutton. The loan was effected January 18, 1872, by Sutton’s making Bullard a deed to the land to secure the note, and by his executing a bond for titles to Jones & Watson to make them a deed when the note was paid. The sum borrowed was $1,500.00, the interest agreed upon 2\ per cent, a month, making the note at maturity, December 25th, 1872, amount to $2,000.00. Not being…