Maxfield v. J. L. Heishman & Sons

In 1913, tbe defendant J. L. Heishman bought a farm from Mary Maxfield, the plaintiff and appellee. As part consideration therefor, the defendant Heishman assumed and agreed to pay a mortgage indebtedness then on the land, amounting to $3,600. Thereafter, in 1915, the note and mortgage became due, and the defendant Heishman, in satisfaction of that old indebtedness, gave the appellee a new note, secured by a mortgage upon the same land. This note became due in 1919, at which time the mortgage was released, and the note marked “satisfied,” when, in lieu thereof, the said defendant Heishman…