Burch v. Odell

Plaintiff, as transferee of a note and mortgage, executed by the defendants to one McClintok, seeks judgment against the defendants upon the note and a decree of foreclosure upon the mortgage. The facts are stipulated.

The note in suit was executed on July 26, 1917, in the sum of $2,200 payable to W.C. McClintok, at the Custer County State Bank at Miles City, Montana, due and payable on December 1, 1922, with interest at the rate of 6 per cent; the mortgage is dated on the same day and is in the usual form. In 1922, the debtors obtained an extension of time of payment for one year; at that…