Baird v. Agricultural Credit Corp.

Burr, Oh. J.

The plaintiff, is the receiver of the Eirst State Bank of Stanton. This complaint shows him to be the assignee of twenty-four claims against the defendant corporations, said to have originated as follows:

The Mercer County Agricultural Credit Corporation loaned to the assignors certain sums of money taking as evidence their promissory notes and agreeing that the makers of the notes would be required to pay but ninety per cent, of the sum set forth in the notes, with interest on this ninety per cent, at a specified rate. To secure the payment of these notes chattel mortgages were…