First National Bank v. Carstens

Mr. Presiding Justice Culbertson

delivered the opinion of the court.

This is an appeal by the First National Bank of Wood River, a corporation, appellant (hereinafter called plaintiff), from a decree of the circuit court of Madison county, Illinois, dismissing the complaint of said plaintiff to foreclose a mortgage as against Frank Z. Oarstens and Virginia Oarstens (Schrimpf), appellees (hereinafter called defendants).

The evidence discloses that defendant, Frank Z. Carstens, and his wife, executed a promissory note on January 11, 1932, payable one year after date, bearing interest at the rate…