Seagraves v. Powell Co.

W. E. Powell Company brought suit upon a promissory note against S. E. Seagraves and Mrs. J. P. Seagraves. It was recited in the note that the same was given for the purchase-money of a certain described horse.. The defendants filed their joint plea, setting up that the horse was never delivered to the defendants or either of them, although the note was executed by them upon the express understanding that the horse would be delivered to S. E. Seagraves the next day: hence the consideration for the note has totally failed ; Mrs. J. P. Seagraves did not cxe*878cute the note as principal but as…