Legal Opinion

Hermitage Loan Co. v. H. Daykin

Tennessee Supreme Court

Decided January 21, 1933PublishedCited by 4 opinions

1Opinion of the CourtJustice Swiggart

In March, 1929, Daylán and wife executed a note for borrowed money to the Hermitage Loan Company, the note containing a power of attorney to confess judgment against tliem if they should default in payment of the note. This power of attorney was enforceable in law at the time the note was executed. Shannon’s Code (all editions), sections 4705-4707.

Judgment was confessed before a justice of the peace, pursuant to this power of attorney, in March, 1982, without service of process on Daykin and wife, and execution by garnishment on Daykin’s employer was issued and served. Thereupon, on the…

2Cases cited5 opinions

  1. Second Ward Savings Bank v. SchranckWisconsin Supreme Court · 1897
  2. Johnson v. National Bank of MattoonIllinois Supreme Court · 1926
  3. Clay v. Peoples Finance & Thrift Co.Tennessee Supreme Court · 1930
  4. Hair v. RamseyTennessee Supreme Court · 1932
  5. Dempster v. WallaceTennessee Supreme Court · 1932

3Cited by4 opinions

  1. Kee v. Shelter InsuranceTennessee Supreme Court · 1993
  2. Dowlen v. FitchTennessee Supreme Court · 1954
  3. Coley v. Family Loan Co.Tennessee Supreme Court · 1935
  4. Dowlen v. FitchTennessee Supreme Court · 1954

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