Sioux City Cattle Loan Co. v. Lovrien

— The plaintiff, Sioux City Cattle Loan Company, a' corporation, brought this action in Woodbury County, to recover of the defendant Lovrien the amount alleged to be due upon his promissory note given to Maurice Degan, and to foreclose a chattel mortgage securing the same. It was alleged that Degan assigned the note and mortgage to the Live Stock National Bank before maturity and for value, and that the bank, on February 11, 1919, assigned the same to plaintiff for value. The defendant Lovrien answered under oath, admitting the execution of the note and mortgage, denying the other allegations…