Siekmann v. Stanton

This is a suit in chancery to foreclose a mortgage executed by appellee, Roy F. Stanton, on July 26,1906, to secure his note for $5,000, as part of the purchase price for the premises in question bought from appellant. The note was given for three years, with interest at 6 per cent, payable semiannually. The bill alleged that the whole of the principal sum, with interest from January 26, 1922, was due and unpaid.

Appellee’s answer admitted the execution of the note and mortgage, and that the same was given to secure a part of the purchase,, money for the premises; that the note and mortgage…