Christianson v. National Citizens Bank

Taylor, C.

Appeal by defendant from an order denying a new trial after findings had been made and judgment directed for plaintiff.

In the spring of 1921 plaintiff was indebted "to defendant in the sum of $2,700, evidenced by two promissory notes, and as security therefor assigned to defendant a second mortgage of $4,000 upon a half section of land in Lac Qui Parle county and the note secured thereby. This mortgage was subject to a first mortgage of $11,000. In October, 1921, the mortgagor made an arrangement with defendant to place a first mortgage of $16,000 on the land in lieu of the mortgage…