First National Bank v. Federal Land Bank

This was an action for the foreclosure of a real estate mortgage brought by appellee, a banking corporation, organized and doing business under the Federal Farm Loan Act (12 USCA §641 et seq.); the appellant, a national bank, organized and doing business under the National Bank Act (12 USCA §21 et seq.), being a party defendant to the action. The appellee, on November 3, 1922, loaned to Charles Richmann and Vivian Richmann, party defendants in the lower court, the sum of $2,200.' The loan was made according to the provisions of the Federal Farm Loan Act. The loan was evidenced by a promissory…