Dallas Joint Stock Land Bank v. Sneed

DUNKLIN, Chief Justice.

The Dallas Joint Stock Land Bank of Dallas, a private corporation organized and functioning under the laws of the United States with its principal office in Dallas, ■Tex., instituted this suit to recover an alleged balance due on a certain promissory noté for the principal sum of $4,400, dated February 1, 1923, executed by J. T. Sneed, Jr., and wife, Zella Sneed, payable to the plaintiff in 65 equal semiannual installments of $154 each and one last inr stallment of $128.61, with interest at the rate of 6 per cent, per annum; such method of payment being on the…