Lloyd Mortgage Co. v. Davis

This is an action upon a promissory note in the sum of $360, payable to bearer. The defendant interposed an answer alleging payment. The issues thus framed were tried to the court without a jury. The trial court made findings and conclusions in favor of the plaintiff and the defendant has appealed from the judgment entered pursuant thereto. The material facts are: Plaintiff is a corporation engaged in the farm loan business. In November 1919, the defendant obtained a farm loan from the plaintiff in the sum of $6,000. He executed and delivered to the plaintiff a principal promissory note in…