Exchange State Bank v. Central Trust Co.

The opinion of the court was delivered by

Burch, J.:

The question to be determined is whether the Central Trust Company has a mortgage lien on land superior to an interest *240claimed by the Exchange State Bank. The district court determined the question in favor of the bank. The trust company appeals.

On January 2,1920, W. A. Caskey executed and delivered to P. M. Haas a mortgage of the land to secure a promissory note of $11,000. The mortgage was recorded on January 16, 1920. On January 20, 1920, Haas executed and delivered to the Exchange State Bank of Atchison his promissory note for $11,000,…