Head v. Crone

PORTER, Justice.

Over the period from 1942 to 1948 respondents executed and delivered to appellant a series of five chattel and two real estate mortgages to cover loans and advances made by appellant to respondents. As each new mortgage was executed, respondents requested the release of the old mortgage but appellant failed and neglected to release any of such mortgages. In 1949 respondents made a payment sufficient to satisfy the balance of the indebtedness to appellant and demanded releases of the mortgages. Appellant released of record the real estate mortgages but failed and refused to…