Tuten v. Zetterower

Candler, Justice.

On February 2, 1960, C. W. Zetterower, Janie Jones and Sue Z. Proctor filed an equitable action in the Superior Court of Chatham County against H. W. Tuten, Lila A. Tuten and Tuten Terrace, Inc., all residents of Florida. Their petition alleges: Petitioners became the holders and owners of a promissory note for $25,000 which H. W. Tuten and B. E. Tuten gave W. L. Zetterower, their father, on March 8, 1951, which provides for the payment of interest at the rate of 7% per annum from date. When such note was given, H. W. Tuten owned an undivided one-half interest in a certain…