Legal Opinion

Turnis v. Ballou

Supreme Court of Iowa

Decided November 17, 1925PublishedCited by 15 opinions

1Opinion of the CourtMorling, J.

No question is raised over the right of the plaintiff to foreclose for the loans of $20,000 and $16,000 respectively, made at the time the mortgages were given. The question is whether the following printed stipulation found in each mortgage should be eliminated, namely:

“It is expressly agreed that this mortgage shall stand as security for any other indebtedness the mortgagee may hold or acquire against the said mortgagor. * * *”

The mortgagee named in the mortgage is the Jones County Trust & Savings Bank. At tbe time tbe mortgages were given, tbe bank held $15,000 of tbe notes of F. A.…

2Cases cited18 opinions

  1. National Bank v. Grand LodgeSupreme Court of the United States · 1878
  2. United States Telegraph Co. v. GildersleveCourt of Appeals of Maryland · 1868
  3. Chicago, St. P., M. & O. Ry. Co. v. BelliwithCourt of Appeals for the Eighth Circuit · 1897
  4. Kelly Asphalt Block Co. v. Barber Asphalt Paving Co.New York Court of Appeals · 1914
  5. First National Bank v. Ten NapelSupreme Court of Iowa · 1924

13 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. First v. ByrneSupreme Court of Iowa · 1947
  2. Preston v. HowellSupreme Court of Iowa · 1934
  3. Chicago & Northwestern Railway Co. v. KrammeSupreme Court of Iowa · 1953
  4. Schlosser v. Van DusseldorpSupreme Court of Iowa · 1960
  5. First Bank & Trust Co. v. WelchSupreme Court of Iowa · 1934

10 more not listed; retrieve them via the Exa API.

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