Chambers v. First State Bank & Trust Co.

H. O. Chambers and Sarah A. Chambers, husband and wife, are the plaintiffs-appellants in this case. They operate a farm in Kossuth county, Iowa. The husband, during the operation of the farm, became indebted to the defendant-appellee, First State Bank & Trust Company of Fort Dodge, Iowa. This indebtedness was evidenced from time to time by promissory notes. Each note was secured by a chattel mortgage on the appellants’ personal property kept upon the farm.

On May 1, 1930, the appellants executed to the bank a note for $11,588.46. To secure that note, the appellants executed to the bank a…