ORR v. DILLARD

No. 5-464.

271 S.W.2d 357 (1954)

Hazel ORR et al. Appellants, v. L. W. DILLARD et al. Appellees.

Supreme Court of Arkansas.

October 4, 1954.


Attorney(s) appearing for the Case

O. E. Gates, Little Rock, J. R. Wilson, El Dorado, Henry B. Whitley, Magnolia, U. A. Gentry, Little Rock, and Paul K. Roberts, Warren, for appellants.

Tom J. Haley, Jr., Warren, Williamson & Williamson, Monticello, for appellees.


HOLT, Justice.

December 5, 1929, A. C. McCoy and Hazel, his wife, (Negroes) executed their note in the amount of $330 to appellee, Dillard, and, as security, also executed a mortgage on approximately 140 acres of land. The note bearing 10% interest was payable December S, 1934, and provided that if interest be not paid annually when due, such default would make the note due and payable immediately. There was a default in payment of interest and the note became due...

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