Des Moines Joint Stock Land Bank v. Nordholm
Supreme Court of Iowa
1Opinion of the CourtKindig, J.
On January 12, 1925, the defendants-appellees, David T. Nordholm and Elsie Marie Nordholm, husband and wife, executed a note for $12,000 to the plaintiff-appellant, Des Moines Joint Stock Land Bank of Des Moines, a corporation. The note was payable according to an amortized plan of $390 on the first days of February and August of each -year, until sixty-eight semiannual payments were made. Then a final payment of $388.92 was to be payable on August 1, 1959. Interest at the rate of 5y2 per cent per annum, payable semiannually, was to be paid on all deferred payments. In order to secure the…
2Cases cited28 opinions
- Nebbia v. New YorkSupreme Court of the United States · 1934
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Ogden v. SaundersSupreme Court of the United States · 1827
- Lawton v. SteeleSupreme Court of the United States · 1894
- Block v. HirshSupreme Court of the United States · 1921
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3Cited by39 opinions
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- State Ex Rel. Turner v. Koscot Interplanetary, Inc.Supreme Court of Iowa · 1971
- Federal Land Bank of Omaha v. ArnoldSupreme Court of Iowa · 1988
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