Ashland Bldg. & Loan Co. v. Kerman

The original action was commenced in the Lucas Common Pleas by the Company to recover from Mary Kerman on a promissory note for $12,500 and for the foreelosurt of the mortgage securing same. The cause was tried without a jury and judgment was rendered for the Company in the amount of $10,618.50 besides interest.

The Company notwithstanding the rendition of the judgment in their favor prosecuted error, claiming that the judgment should have been for the full amount of the note.

The litigation arose out of the following facts: — Kerman borrowed $12,500 from the Cleveland Discount Co. upon a…