First State Bank v. McGregor Land & Live Stock Co.

This is an action to foreclose a chattel mortgage on certain personal property, dated December 14, 1921, executed by Boy L. Jeremiah, J. W. Jeremiah, and Elmer B. Jeremiah to secure two promissory notes aggregating $7,256.79, both notes due October 1, 1922. Bespondent was made a party defendant, and in its answer set up affirmatively that on November 1, 1920, defendants, the Jeremiahs, gave to respondent their promissory note for fourteen thousand dollars, dated November 1, 1920, due October 1, 1922, and on February 14, 1921, they executed and delivered' to respondent a. chattel mortgage to…