Cole v. Lockhart

The appellee, in 1847, brought an action of debt against the appellants on a promissory note. The note is as follows:

“ $500. For value received, we, or either of us, promise to pay to Tabitha Lockhart, on or before the 19th of February, 1841, the sum of 500 dollars, lawful money; and, in case of her death, to be paid to her heirs; and if not paid at the expiration of the time, the interest thereon to be paid at the rate of 10 per cent, per annum; as witness our hands and seals this 19th of February, 1840. (Signed) Cole and Parker, John C. Parker, Jefferson Carr.”

There are some payments…