Federal Intermediate Credit Bank v. Cosby

BENNETT, C.

The parties occupy the same position as in the trial court. The Federal Intermediate Credit Bank of Wichita, I-Can., a corporation; hereinafter called “credit bank,” plaintiff, brought suit in district court of Harper county, Okla., against Floyd Cosby, on a promissory note and to foreclose a chattel mortgage. Plaintiff’s petition alleged, in substance, that plaintiff is a federal corporation chartered by the Federal Farm Loan Board under provisions of the Agricultural Credits Act of 1923, with its principal place of business at Wichita, Kan.; that First National Loan Company of…