Johnson v. Swayze

The defendant in error brought suit in the district court against plaintiff in error upon a promissory note, of which the following is a copy:

“Nevada, Iowa, June 25, 1888.

“ One year after date I promise to pay to the order of Wilbur F. Swayze, at First National Bank, Nevada, Iowa, twelve hundred dollars, value received, with interest at the rate of eight per cent per annum until paid. If interest is not paid when due, the same shall bear interest at ten per cent; and if expense and costs are incurred by the holder in consequence of a failure to pay at maturity, the undersigned agrees to pay…