Smith v. Breeding

*671*670I. On September 25, 1918, the appellants executed and delivered to one W. E. Tucker, Jr., their certain *671promissory note for the principal sum of $1,880, due September 25, 1923, with interest at 7 per cent per annum from date, payable semiannually. This action is brought to recover an installment of interest claimed to be due and unpaid. Previous installments have been paid by appellants. Appellants admit the execution of the note in question, and plead that, at the time the same was executed, as part of the same transaction, they purchased certain real estate from Tucker, the payee o’f…