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STEINER v. COMMUNITY FINANCE & THRIFT CORP.

No. 6283.

258 S.W.2d 129 (1953)

STEINER et ux. v. COMMUNITY FINANCE & THRIFT CORP.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied April 13, 1953.

Attorney(s) appearing for the Case

McCarthy, Snodgrass & Haynes, Amarillo, for appellants.

Ocie Speer, Austin, amicus curiae.

Simpson, Clayton & Fullingim, Amarillo for appellee.

MARTIN, Justice.

Appellee, Community Finance & Thrift Corporation, loaned to James R. Steiner and wife, Lorraine Steiner, the sum of $503 and received as evidence of the debt a note in the principal sum of $570 due one year from date, bearing no interest until maturity, and 10% after maturity. Appellee asserts that the note for $570 represents the principal of $503 loaned to appellants, 10% interest in the amount of...

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