Baumgartner v. Peterson
Supreme Court of Iowa
Appeal from Des Moines District Court. — Hon. James D. Smyth, Judge. Action in equity to recover tlie amount of a promissory note, and to foreclose a mortgage on real estate given to secure its payment. There was a hearing on the merits, and a decree in favor of the plaintiff, as prayed. The defendants appeal.
1Opinion of the CourtRobinson, J.
On the twenty-fifth day of August, 1886, the defendant John Peterson made his promissory note for the sum of five hundred and twenty-five dollars, payable one year after its date to Theodore G uelich, or order, at his office in Burlington, with interest at the rate of seven per cent, per annum, payable annually. To secure the payment of the note, which was given as a part of the purchase price of a lot in the city of Burlington, Peterson executed to Guelich a 1 mortgage on the lot. The mortgage was duly recorded. A short time after the note and mortgage were given, and probably on the same1…
2Cases cited5 opinions
- Security Co. v. GraybealSupreme Court of Iowa · 1892
- Tappan v. MorsemanSupreme Court of Iowa · 1865
- Callanan v. WilliamsSupreme Court of Iowa · 1887
- Englert v. WhiteSupreme Court of Iowa · 1894
- Brayley v. EllisSupreme Court of Iowa · 1887
3Cited by6 opinions
- Langhammer v. City of ManchesterSupreme Court of Iowa · 1896
- Scott v. TaylorSupreme Court of Florida · 1912
- Shoemaker v. MinklerSupreme Court of Iowa · 1926
- Smith v. JarmanUtah Supreme Court · 1922
- Wood v. SwanSupreme Court of Iowa · 1928
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