Isaak v. Journey

BUDGE, J. —

Respondent indorsed and delivered to appellant a promissory note in the principal sum of $800 given by one Haberer and wife to respondent and executed and delivered to appellant an assignment of the chattel mortgage securing said promissory note, respondent receiving from appellant the sum of $200. Contending that such assignment was not absolute but was given only as collateral security for the repayment of said $200 and interest, respondent brought this action to recover from appellant the difference between the sum of $200 plus interest thereon and the amount paid by Haberer to…