Beckley v. Archer

The plaintiff brought this action to recover on a promissory note in the sum of $3,000 executed by the defendants in favor of one H. H. Schmitt as in part payment of the purchase price of a certain number of head of cattle. Said note was by said Schmitt, before the filing of the complaint herein, assigned to' the plaintiff. It was stipulated at the trial “that the note was duly made and executed by appellants and delivered to said Schmitt; that no part of the principal or interest had been paid, but that a credit of $175.00 should be allowed upon the note principal as of the date of its…