Lurton v. Jacksonville Loan & Building Ass'n

The circuit court of Morgan county entered a decree for the foreclosure of a mortgage executed by Lou C. Lurton, appellant, and William S. Lurton, her husband, to secure the payment of a promissory note made by her to the Jacksonville Loan and Building Association, appellee, on June 5, 1893, for $5500, with interest at six per cent, payable weekly, upon $4510. The consideration of the note was fifty-five shares of stock of the association subscribed for by her at a premium of eighteen per cent, on which she received an advance of said sum of $4510. The Appellate Court affirmed the decree.

A…