Portsmouth Savings Bank v. Riley

Ragan, C.

On October. 2, 1888, Bernard Riley was the owner of lot 3, in block 12, in Schull’s Second Addition to the city of Ornaba. On that date Riley, being indebted to the Kimball-Champ Investment Company, executed and delievered to said company bis two notes, one for $3,000 and one for $150. These notes were payable to the order of the investment company and due five years after date. On October 2, Riley, to secure the payment of said notes, executed and delivered to the' investment company two mortgages upon the above described real estate. The one securing the $8,000 note was made the…