South Side Live Stock Loan Co. v. Iverson

HAETSON, Commissioner.

The controversy grows out of the foreclosure of two chattel mortgages, made, executed and delivered by Oscar Iverson, Dan Iverson and Thomas Iverson, as copartners, tp the South Side Live Stock Loan Company, and the Twin Falls Bank and Trust Company, respectively. The mortgage to the Loan Company secured $10,000, was executed January 7, 1922, and covered 448 head of mixed range cattle and some hay. The mortgage to the Trust Company secured $2,500, and advances to be made, was executed June 16, 1922, and covered 100 head of mixed range cattle as a first mortgage, and 448…