Williams v. Hayes

Plaintiff brings this suit on a promissory note of the defendant for $936.87, with 8 per cent, per annum interest after maturity, and 10 per cent, as attorney’s fees incurred in collecting the note, which indebtedness is secured by a chattel mortgage on two International motortrucks and trailers, and which is subject to a credit of $477.51, paid on November 12, 1930. The credit on the note resulted from a repurchase by plaintiff from defendant of one of the trucks and trailers described in the chattel mortgage. The consideration paid for the repurchase of this truck and trailer was $600, and…