Parlin v. Stone

This cause has been argued and submitted for final decree upon the merits. The plaintiffs bring their suit in equity to reform and foreclose a mortgage. The following are the material facts established by the proof: (1) Defendant John L. Stone wras indebted to plaintiffs in the sum of about $1,600, part of which was his individual debt, and the balance was the debt of John L. Stone & Co. (2) This indebtedness was partially secured by collateral notes turned out by defendants. (8) Plaintiffs called upon said John L. Stone for additional security, and after some negotiation it was agreed that…