Johnson v. Howe

Plaintiffs appeal from the order denying a new trial.

The action was brought to restrain the foreclosure by advertisement of a mortgage upon the house and lot occupied and owned by plaintiffs.on the ground that the amount claimed to be due thereon was excessive by $1,500. The facts are these:

On May 4, 1918, Otto W. Franzen owned the property and on that day borrowed $2,500 of John A. Lane, giving therefor six promissory notes signed by himself and wife, payable to the order of Lane at his office, each bearing six per cent interest, payable semi-annually. Five of the notes were for $100 each,…