Heitkamp v. LaMotte Granite Co.

This is an action for waste, alleged to have been committed by the respondents on certain mortgaged premises. On the fifteenth day of March-, 1889, the LaMotte G-ranite Company executed and delivered to the plaintiff its promissory note for $4,000, due one year after its date. On the day of its date the note contains a credit of $1,500, paid by the respondent L. E. Irwin, president of the company. To secure *245this note the company executed a deed of trust on certain real estate in Madison county. There were five separate tracts of land conveyed. One of the tracts was described as ‘ ‘sixty rods…