Automatic Plating Co. v. Leach

On or about December 17,1958, The U. S. Plating Company, a corporation, located at 1923 Tkinnes Street, Cincinnati, Ohio, borrowed the sum of $97,500 from National Acceptance Company of Chicago, and on April 14, 1960, borrowed an additional sum of $39,000. The borrower executed chattel mortgages to secure the sums advanced on each occasion. The chattel mortgages appear in the record as exhibits D and E. Promissory notes in the principal sums indicated were undoubtedly executed at the same time, for which the mortgages were security, although they do not appear in the record as such, but are…