Cambridge Savings Bank v. Hyde

This is a suit against the executors of one of the sureties upon a promissory note held by the plaintiff. By the note, which is dated October 16, 1871, the maker promises to pay to the plaintiff $6000 on demand, with interest at the rate of seven and one half per cent per annum, payable semiannually. At the trial, it appeared that the treasurer of the plaintiff, some years after the date of the note, having authority *78to do so, wrote upon the back of the note the memorandum, “ Rate of interest to be 6J per cent from Oct. 10, 1876.” The defendants asked the court to rule “ that any change in…