Salyer v. Union Bank

Opinion of the Court by

William Rogers Clay, Commissioner

Reversing.

On October 9, 1907, appellants, D. W. Salyer and Hester A. Salyer, his wife, executed and delivered to the Whitesburg State Bank their promissory note, whereby they agreed to pay said bank within four months thereafter the sum of $362.84, with six per cent interest thereon from maturity until paid. For the purpose of securing the payment of said note, they, at the same time, executed and delivered to the bank a mortgage on their property located in the town of Whites-burg. Thereafter, the Whitesburg State Bank consolidated with…