Sleeper v. Iselin
Supreme Court of Iowa
Appeal from O'Brien District Court. IN July, 1880, Jno. H. Iselin and Henry II. Iselin were partners, doing business under the name and style of John H. Iselin & Oo. As such partners they became indebted to the First National Bank of St. Paul and A. ~W. Sleeper & Bro. To secure said indebtedness, John II. Iselin and. wife and Henry Iselin executed to A. "W. Sleeper, trustee, a deed of trust on certain real estate.
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Appeal from O'Brien District Court. IN July, 1880, Jno. H. Iselin and Henry II. Iselin were partners, doing business under the name and style of John H. Iselin & Oo. As such partners they became indebted to the First National Bank of St. Paul and A. ~W. Sleeper & Bro. To secure said indebtedness, John II. Iselin and. wife and Henry Iselin executed to A. "W. Sleeper, trustee, a deed of trust on certain real estate. The plaintiffs are the assignees of the beneficiaries in the deed of trust, and entitled to enforce the lien thereof. This action was brought for that purpose. Henrietta C. Tomes…
1Opinion of the CourtSeevers, J.
Iii 1875, Jolm H. Iselin became the trustee of intervenor in relation to certain stocks and bonds owned by the latter. In 1879, John II. Iselin suggested to the in-tervenor the propriety of converting the stocks and bonds into money,, and investing the proceeds in certain real estate in Sheldon, Iowa. As an inducement to make such investment, Iselin represented to the intervenor that she would receive a larger annual income therefrom than she obtained from the stocks and bonds. The intervenor adopted the suggestion, and authorized said Iselin to sell the stocks and bonds, and invest the…
2Cited by1 opinion
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