Advance-Rumely Thresher Co. v. Johnson

Christianson, Ch. J.

Plaintiff brought this action to foreclose a chattel mortgage upon certain threshing machinery. The mortgage was given to secure three certain promissory notes dated July 23, 1930, and payable respectively October 1, 1930, October 1, 1931 and October 1, 1932, each note being for the sum of $245. The defendant interposed an answer wherein he alleged that the notes and chattel mortgage were executed and delivered conditionally; that such notes were given for the purchase price “of a certain piece of threshing machinery, to-wit, a separator;” that said threshing machinery was…