Kendrick v. Kyle
Mississippi Supreme Court
From the chancery court of Bolivar county. Hon. A. Me. Kimbrough, Chancellor. Kyle, the appellee, was the complainant in the court below; Kendrick and others were' defendants there. The suit was instituted December 26, 1896, and the purpose was to enforce a purchase money lien on the land involved.
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From the chancery court of Bolivar county. Hon. A. Me. Kimbrough, Chancellor. Kyle, the appellee, was the complainant in the court below; Kendrick and others were' defendants there. The suit was instituted December 26, 1896, and the purpose was to enforce a purchase money lien on the land involved. The facts were these: The Louisville, New Orleans & Texas Railway Company sold the lands on credit in 1886 to defendant, Kendrick, who gave his notes for the purchase money to said railway company. The notes were executed at Memphis, Tenn., and were payable there to the railway company. They bore…
1Opinion of the CourtCalhoon, J.
On December 29, 1896, appellee, Barney E. Kyle, through his guardian and next friend, R. M. Kyle, filed his original bill in chancery to enforce a vendor’s lien on land to pay two promissory notes of which he was assignee and holder. These notes were made in Tennessee, payable in Tennessee, and on their faces bore 8 per centum per annum interest from their date. It is objected that these notes, being governed by the laws of Tennessee, the place of the contract, show usury on their faces, and are void by those laws, and nothing can be recovered on them, either of principal or interest. This is…
2Cases cited10 opinions
- Wallace v. GoodlettTennessee Supreme Court · 1900
- M'Alister v. JermanMississippi Supreme Court · 1856
- Chaffe v. WilsonMississippi Supreme Court · 1881
- Barnes v. WhitakerIllinois Supreme Court · 1859
- Wanita Woolen Mills v. RollinsMississippi Supreme Court · 1897
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3Cited by4 opinions
- Central Optical Merchandising Co. v. Estate of LoweMississippi Supreme Court · 1964
- Taylor v. JulienneMississippi Supreme Court · 1937
- Couret v. ConnerMississippi Supreme Court · 1918
- Shaw v. Postal Telegraph & Cable Co.Mississippi Supreme Court · 1901