Price v. Klett

For money loaned to one Elton Lahr incident to his purchasing a stock of drugs and store fixtures in December, 1921, plaintiff took a promissory note for $1,800 signed by Lahr and the defendant, Charles Klett. The note matured in one year. It was not paid, but two years after maturity the amount was reduced by a payment of $800 and a new note for $1,000 given to plaintiff. This note was also signed by Klett as well as Lahr and after maturity this note was surrendered and the note in suit given. It reads:

‘ ‘ $1000 no/100 March 21/1927.

“Five months after date I promise to pay to the order of…