Richey v. First National Bank & Trust Co.

According to the finding the plaintiff owned a note secured by a mortgage executed by Samuel Z. Field in the amount of $56,000, dated May 1st, 1918, and payable on or before twenty years after date, with a provision that interest was to be paid semi-annually and that if any payment should remain in default for fifteen days after it was due the principal should immediately become due at the option of the holder. Field died February 19th, 1934, and at that time the interest was fully paid up. The defendant is executor of Field’s estate. The Court of Probate limited six months from March 7th,…