Wyoming County Bank v. Nichols

Hatcheé, Judge:

On August 21, 1920, the defendant D. S. Nichols executed a deed of trust on property in "Wyoming County to secure to Hiram Sizemore the payment of four notes of $875.00 each, due in 8, 14, 20, and 26 months from date, respectively. The two of these notes last maturing are negotiable notes in regular form, and contain no reference to the deed of trust. On July 7, 1921, Sizemore borrowed $500.00 from the plaintiff Wyoming County Bank, and assigned to the bank as collateral security the said two notes of defendant. On the strength of this security, Sizemore borrowed $1500.00 more…