Dugan v. Lewis

HENRY, Associate Justice.

G. H. Dugan, who at the time was a resident citizen of the State of Texas, acting through an agent in the State -of Hew York, borrowed from the American Freehold, Land,'and Mortgage Company of London, England, the sum of $5000.

Dugan executed his note in favor of the mortgage company for said sum, payable at the office of the Corbin Banking Company in New York City five years after date, with interest from date at the rate of 8 per cent per annum, for which five coupon notes were attached to said note. The contained a stipulation f<3r the payment of 10' per cent…