Union Nat. Bank of Massillon v. Mayfield

At Capron, Okla-, on June 4, 1914, defendants W. A. Mayfield and C. B. Mayfield executed their promissory note to the Geo. O- Richardson Machinery Company of St. Joseph, Mo., in the sum of $835, payable at the Capron State Bank of Cap-ron, Okla.; the provision with respect to the payment of interest being as follows:

“With interest at the rate of 9 per cent, per annum, payable annually, from date until paid; Provided, however, if note is paid on or before maturity, interest shall be only 7 per cent.”

On the back of the note is contained the following printed provision:

“For value received, I…