Oldham v. Turner

Jddse Marshall

delivered the opinion of the Court.

In April, .1836, Turner loaned to W. & T. J. White $4,100, and took their note, with Oldham as surety, payable in one year, for the aggregate amount of the sum loaned, and twelve per cent, interest thereon. At the end of the year a second note was taken, in the same form, for the amount of the first note, and twelve per cent, thereon. When this second note fell due, Turner received in payment from the Whites, divers notes, payable to them respectively, giving them credit on the loan for the amount of the several notes received from them, after…