Supreme Court of Alabama June 30, 1909 (Duke v. Southern Hardware & Supply Co.)

lead-opinion

SIMPSON, J.-

When one man loans money to another, if nothing is said about the time of payment, the presumption is that it is due on demand. I do not find, in the record, any evidence tending to show that, at the *479time the money was loaned, there was any agreement that it was not to be repaid nntil tbe defendant was able.