Slosburg v. Hunter

Defendant appeals because the district court denied his application for a moratory stay of execution in a suit at law on a note given by him and secured by his mortgage on real estate.

Suit on the note for $3,000, dated March 25, 1932, made by defendant in favor of plaintiff, was commenced January 26, 1935. It resulted in a judgment for plaintiff February 13, 1936, for $3,426.40, with interest at 6 per cent, from *530that date and costs. On the same day defendant filed his motion for a moratory stay. The motion disclosed for the first time in the record that “the action is based upon a promissory…