Woodward v. Lutsch

The plaintiff was indebted to the defendant Herman Lutsch upon three promissory notes; one for $1,000, due June 12, 1911; one for $1,000, due December 12, 1911; and one for $500, due May SI, 1912. These notes were secured by mortgage upon personal property. After the first named note became due and was not paid, the defendant Lutsch proceeded by notice under the statute to sell the mortgaged chattels in satisfaction of all three of the notes. After the sheriff had taken possession of the mortgaged property, the plaintiff brought this action to restrain the sale, alleging that the sum of…