Longbotham v. Ley

The suit was by appellant against appellee upon a vendor’s lien note for $2,503, dated October 23 of 1929, due on or before five years thereafter, bearing interest payable semiannually after its date, calling for attorney’s fees, and providing that a failure to pay any interest installment thereon when due should at the election of the holder mature the note, including principal, interest, and attorney’s fees, appellant alleging a failure to pay the third semiannual installment of interest when due, and that she had elected to mature the entire obligation, including principal, interest, and…