West v. McCelvey Loan & Investment Co.

This suit was tried on the following agreed statement of facts:

“On, to wit, January 1, 1912, W. W. Walker, being the then owner of that 109 acres of land described in plaintiff’s petition, did on said day execute and deliver to the Amicable Life Insurance Company of Waco, Tex., his one promissory note for the principal sum of $2,000, due on January 1, 1922, bearing interest from date at the rate of 8 per cent, per annum, the interest being evidenced by 10 coupon notes for the principal sum of $160 each, which were attached to and made a part of said principal note, all of which interest notes…