Haack v. Hammer

This is an action against one of the makers to collect a promissory note, given in payment for the purchase of a secondhand automobile truck. The note, upon which the action is based, is dlated July 18, 1921, and recites that- “six months after date, I, we. or either of us, as principal, promise to pay C. F. Haack. or order, $300.” The note was to draw interest at eight per cent payable annually and if not so paid to become a part of the principal and bear interest at the same rate. It is further provided that if the no.te is not paid at maturity and is placed in the hands of an attorney for…