First Trust Joint Stock Land Bank v. Wylie

The real estate involved in this litigation is a badly run-down farm of 160 acres situated in Poweshiek County, Iowa, which, at the time this case was tried in the court below, was owned as follows: 25 per cent by the defendant, J. L. Wylie; 25 per cent by the Citizens Savings Bank of Gil-man, Iowa, of which J. L. Wylie was president; 3 per cent by Ida E. Scurr; and 45.5 per cent by certain persons as trustees for Poweshiek County National Bank and for the stockholders of Citizens National Bank, which last-named bank was closed and in receivership. That portion thereof held by the trustees…