Klosterhuber v. Wisconsin State Bank

There is little dispute as to the material facts. On January 28, 1933, the plaintiffs were the owners of certain real estate upon which they resided. They desired to borrow $1,000 and to secure such loan by giving a mortgage on their property. Such desire had theretofore been communicated to one Theodore Richter, with whom the plaintiffs were, well acquainted and in whom they had confidence. Mr. Richter promised that the boys (evidently referring to his sons) would come up with an application. On January 28, 1933, Walter Richter, one of his sons, appeared at the plaintiff’s home with certain…