Supreme Court of Iowa December 13, 1886 (Hale v. Wilson)

RothbocK, J.

The note upon which plaintiff demands judgment is for the sum of $267.18, executed by the defendant on the sixteenth day of July, 1867, and payable one day after date. On the first day of May, 1875, the following indorsement, signed by the defendant, was made on said note: “$40. Paid on the within note forty dollars. John Wilson.