CLINTON, Justice.
Mobil Oil Corporation, plaintiff, brought this action against the defendant, Charles E. (Tim) Grantham, doing business as Grantham Oil Company, one of its distributors, in two causes. The first cause was founded upon a "demand" promissory note, allegedly made by the defendant and payable to the plaintiff, dated December 20, 1966, in the principal sum of "($24,000.00). . . with interest thereon at the rate of six and three-quarters (6¾) percent...
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