Citizens State Bank of Herscher v. Peters

In this action on a promissory note against the makers, the trial Avithout a jury resulted in a decision for defendants. Plaintiff appeals from the judgment.

Defendants gave the note for $7,000 to one Adams March 7, 1914. It Avas thereafter indorsed to plaintiff, an Illinois bank. The note Ayas secured by mortgage on a quarter section in MoAver county in this state and evidenced a portion of the purchase price of the land, which was by the mortgagee conveyed to defendants concurrently with their execution of note and mortgage. Late in 1915 defendants resold the farm to L. A. Kunz and G-. H.…