Des Moines National Bank v. Stanley

On November 25, 1921, Enos Stanley was the owner of certain real estate in the city of Des Moines, known as the Glen Bailey Apartments. The Security Loan & Investment Company was at that time engaged in the general loan and mortgage business, but has since . . failed, and is now m the hands of a receiver. On the aforesaid date, Stanley and his wife, for moneys advanced by the aforesaid company, executed unto it 23 promissory notes, in the amount of $1,000 each, and another note in the amount of $22,000, and as security for said loan, executed unto said company a mortgage upon the aforesaid…