Garrett v. Soucie

On December 20, 1922, defendant, Soucie, executed his promissory note in the sum of $1,330-, due ten months thereafter with interest at ten per cent, to the First National Bank of Meridian. The note was secured by a chattel mortgage covering- defendant’s interest in certain crops of hay and. grain. In September, 1923, and January, 1924, without the consent of the mortgagor, the mortgagee bank, through its representatives, hauled away the mortgaged property and sold it, receiving fair market prices therefor and applying the proceeds, some $213.69, on the note. After these credits were applied…