Supreme Court of Arkansas November 23, 1931 (First Nat. Bk. of Paris v. Holzman)

McHaney, J.

On December 7, 1929, appellee Holzman, as principal, with the other appellees as sureties, executed and delivered their negotiable promissory note for the sum of $400 to the American Bank & Trust Company of Paris, Arkansas, hereinafter called the trust company, due and payable October 7, 1930, with interest from maturity at 10 per cent, per annum.