Cogswell v. Mitts

The complainant filed a bill to compel the defendants to deliver up for cancellation a promissory note and chattel mortgage obtained from him under the circumstances detailed below:

The complainant is a householder, with a family, and on the 23d of October, 1890, applied to the defendants Mitts for a loan of $125, and offered to secure the same by a mortgage upon his exempt household furniture. They agreed to loan him $125, upon his executing a note and mortgage for $145.25, the $20.25 being for bonus and fees for recording the mortgage. The papers were prepared, and S. W. Mitts took the…