Bates' Administrator v. Lockery

Opinion op the Court by

Judge Richardson

Affirming.

On January 23, 1921, W. A. Bates as principal, with Jess Lockery as his surety, executed and delivered to Mrs. J. L. Bates their promissory note by which they agreed to pay her twelve months after date $650, with interest at 6 per cent per annum from date until paid. The note contains this provision: “The sureties, guarantors and endorsers herein agree to the extension of this note without notice upon payment of interest. The parties to this note generally and severally waive protest and notice of protest.” The indorsements on the note are…