Legal Opinion

Linn v. Dodge County Bank

Nebraska Supreme Court

Decided April 16, 1925No. 23134Published

1Opinion of the Court

Redick, District Judge.

August 1, 1911, plaintiff gave his promissory note to defendant for $2,000 due one year after date, with interest at 10 per cent. Following the signature to the note and as a part of the same instrument vas the following:

“I hereby deposit with the above obligation, as collateral security therefor, real estate mortgage for three thousand dollars at 6 per cent., date May 6, 1911, due March 1, 1916, on the N. E. qr. of Sec. 24, Twp. 24, Range 2 in Madison county, Nebraska, signed Knud Nelson & Marie Nelson. With authority to sell the same without notice either at public or…

2Cases cited2 opinions

  1. Webb v. HoseltonNebraska Supreme Court · 1876
  2. Woodworth v. HascallNebraska Supreme Court · 1899

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