Thompson v. Jones

HIGGINS, Justice.

The plaintiff, claiming to be the bona fide holder and owner for value in due course, before maturity, of a certain promissory note in the sum of $2,000, purportedly executed by the defendant on December 17, 1929, payable twelve months after date and secured by a conventional mortgage on his homestead, instituted this suit against the defendant for the face value thereof, with 8% interest per annum from December 17, 1930, until paid and 10% additional attorney’s fees, and for recognition of the mortgage. The plaintiff further alleged that the mortgage note was given to secure…