Federal Land Bank v. Wilmarth

This action, as said in the preliminary statement, was brought by the plaintiff-appellee, the Federal Land Bank of Omaha, a corporation, to obtain, first, judgment on a promissory note; and, second, the foreclosure of a real estate mortgage. The note for $20,000 was signed on March 7, 1924, by the defendants-appellants Myron E. Wilmarth and Effie P. Wilmarth, husband and wife. Myron E. Wilmarth is an attorney at law, practicing his profession at Corning, Iowa. Said note, together with interest at the rate of 5y2 per cent per annum, payable semi-annually, was payable to the appellee at its…