Fidelity Finance Co. v. Liles

Plaintiff seeks judgment against Harold W. Liles, maker, and Mrs. Elizabeth C. Liles and W.L. Sudduth, accommodation endorsers, of a note executed and delivered under the provisions of Act No. 7 of the Extra Session of the Legislature of 1928, known as the Small Loan Act, for alleged balance due thereon. The note originally was for One Hundred Fifty and no/100 ($150) Dollars and is dated December 3, 1930. It was payable in installments of Ten ($10) Dollars per month with three and one-half (3 1/2%) per cent interest monthly on unpaid balances.

Due to his absence from the United States for many…