Brown v. Kennedy

The plaintiffs brought this suit in the Circuit Court of Macon County against the defend ants to enjoin the sale of certain real estate under a deed of trust given to secure the payment of a note for $9,500, executed by one Bush and wife, with certain interest coupons attached. The note itself provided that the failure of the payment of any one of the coupons when due should mature the entire indebtedness.

Joseph E. Kennedy was the trustee, and Clyde L. Martin was the payee. Martin was the president of the Macon County Bank, and indorsed the note to the bank. Bush was the owner of the land,…