Millard v. Parsell

Irvine, 0.

In 1887 Dr. George H. Parsell was the owner of lot 3, in block 78, in the city of Omaha, and June 11 of that year he made to O. H. and E. G. Ballou his note for $13,-125, secured by mortgage on said lot. In 1889 the Ballous sold the note and mortgage to J. H. Millard, who is throughout the proceedings described as trustee, the nature of the trust not being disclosed and being immaterial. The Ballous at the same time guarantied the col*179lection of the note. In 1890 Dr. Parsell conveyed the property to E. B. Chapman. In 1891 Millard began foreclosure proceedings, which resulted in a…