Central Wisconsin Trust Co. v. Swenson

The following opinion was filed June 2, 1936 :

Fowler, J.

The case is before the court on an appeal from an order sustaining demurrers to the complaint by defendants Swenson and Home Owners’ Loan Corporation on the ground of insufficiency of facts. The complaint alleges that the plaintiff took a mortgage on premises owned by the defendant Swenson to secure notes aggregating $22,000. The notes are all assigned to divers persons for whom the plaintiff as trustee for their benefit holds the notes, and is under obligation to protect the security for their payment, and is authorized to commence…