STANLEY v. COLUMBUS STATE BANK

No. 15420.

258 S.W.2d 840 (1953)

STANLEY et ux. v. COLUMBUS STATE BANK.

Court of Civil Appeals of Texas, Fort Worth.

Rehearing Denied June 12, 1953.


Attorney(s) appearing for the Case

Bracewell & Tunks and Joe H. Reynolds, all of Houston, for appellants.

Massey, Hodges, Moore & Gates, of Columbus, for appellee.


BOYD, Justice.

On May 17, 1952, appellants Lincoln H. Stanley and wife, as part consideration for the purchase of an 18-acre tract on which was situated a motel, executed and delivered to Mrs. Monetta V. Daniels a note in the principal sum of $37,722.50, bearing interest from date at five per cent per annum, and at ten per cent per annum after maturity, due in monthly installments of $400.13, beginning July 1, 1952, with accelerated maturity and ten per cent attorney...

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