Lane v. Hyder

This is an action to recover on two negotiable promissory notes executed by H. H. and J. B. Hyder, one on January 27th, and the other on February 14, 1908, and made payable to the plaintiff. One of the notes reads as follows:

“$150.00 1-27t-h, 1908.

“Ninety days after date we promise to pay to the order of Henry Lane, one hundred and fifty dollars, for value received, negotiable and payable without defalcation or discount and with interest from date at the rate of eight'per cent per annum, and if the interest be not paid annually to become principal and bear the same rate of interest until paid.