Allen Sales & Servicenter, Inc. v. Ryan

Supreme Court of Texas · Decided 1975-07-09

Cited by 114 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

DANIEL, Justice. This is a suit upon an installment note, wherein the holders seek to accelerate the payment of the entire note because of the failure of the maker to pay the first installment on its due date. The question presented by this appeal is whether the holders, based upon an optional acceleration clause, can accelerate the payment of the entire note without making dema…

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