Heaton v. Myers

The opinion of the court was delivered by

Buroh, J.:

The defendant appeals from a judgment against him on a promissory note.

The note was for $2,500. It was dated January 2, 1918, and was payable on or before January 2, 1921. It bore interest at the rate of eight per cent per annum from date, payable semiannually, and unpaid interest became part of the principal and bore interest as such. The following indorsements were placed on the note:

“Interest paid up to July 2, 1918.

“Jan. 24,1919, paid $102.50 interest.

“Jan. 24, 1920, paid $100.00 interest.”

In May, 1921, the note was given to an attorney…