Clement v. Scott

JOHNSON, Chief Justice.

November 22, 1928, appellee John W. Scott loaned appellant, Mrs. Mae N. Clement, a feme sole, $6,000. Evidencing her secured promise to pay off and discharge the obligation so created, with interest at the rate of S per cent, per annum, payable semiannually, she executed and delivered to Mr. Scott her personal note for $6,000, ten semiannual interest coupon notes, each for $240, and a deed of trust on certain real estate situated in Lamar county. After default in the payment of the second and certain subsequent interest installments, John W. Scott filed this suit on…