Beck v. Tucker

On July 1, 1916, Beck, the appellant, hereinafter called the ‘ ‘ borrower, ” obtained a loan from Tucker, the appellee, hereinafter called the “lender,” amounting to three thousand dollars, and executed his several notes for the principal and interest at six per centum per annum as follows: An interest note for sixty dollars due November 1, 1916; five interest notes for one hundred eighty dollars each, due, respectively, November 1, 1917, 1918, 1919, 1920, and 1921; and one principal note for three thousand dollars, due November 1, 1921.

The interest notes due up to January 31, 1919, were…