Natchitoches Finance Co. v. Smith

TALIAFERRO, Judge.

This appeal is prosecuted .from a judgment sustaining an exception of no cause of action interposed by the defendant Critt Rogers to plaintiff’s suit on a promissory note executed by him and one Ben Smith and another. He is sued as indorser. The note was originally for $300 payable in twenty equal monthly installments, with interest on each monthly balance at the rate of 3% per cent, per month. It was executed March IS, 1930. The balance due thereon on October 10, 1934, was $123.82. Plaintiff sues for this balance, plus 3% per cent, per month from October 10, 1934, and 10…