American Nat. Bank v. Stark

Opinion of the Court by

Chief Justice Dietzman

—Affirming.

On October 12, 1907, T. C. and F. A. Kelly mortgaged certain real estate they owned to the PotterMatlock Bank & Trust Company as trustee for the sum of $8,280, evidenced by one note for $4,000, two notes for $1,000 each, one note for $1,780, and one note f.or $500. All of these notes were due three years after their date; that is, on October 12, 1910. The PotterMatlock Bank & Trust Company was made trustee for the bondholders as the holders of the lien notes were called. On January 2, 1911, the appellees, J. C. Stark, T. J. Stark, and…