Federal Intermediate Credit Bank v. Maryland Casualty Co.

Hilton, Justice.

The action is on a bond conditioned for the faithful performance of all the duties enjoined by law upon the register of deeds of Murray county, Minnesota. Defendant’s demurrer to the complaint on the ground that it failed to state a cause of action was overruled, the court certifying that the question presented ivas important and doubtful. Defendant appealed from that order.

The complaint alleges substantially as follows: On March 10, 1931, Farmers Agricultural Credit Association (hereinafter referred to as association) held a chattel mortgage upon all of the personal property…