Townsend v. Maplewood Investment & Loan Co.

WESTHUES, C.

Plaintiff, Townsend, filed this a suit in equity to cancel a note of $10,000,00, and also asked for an accounting. The defendant, Maplewood Investment and Loan Company, filed an answer and a counterclaim alleging that the sum of $4,443.87 was still due oh said note for which amount judgment was asked. The trial court denied plaintiff’s petition and entered judgment against plaintiff and in favor of the defendant on its counterclaim in the sum of $31.85 and costs. Both parties appealed.

The appeal was lodged in the St. Louis Court of Appeals and by it transferred to this court…