Loser v. Plainfield Savings Bank
Supreme Court of Iowa
Appeal from Chickasaw District Court. — Hon. A. N. ■ Hobson, Judge. Action in equity to foreclose two certain mortgages executed by William McGregor and Jenny McGregor, his wife, to Lipman Loser. There was a decree as prayed and the Plainfield Savings Bank claiming a superior lien on the mortgaged land appeals.
1Opinion of the CourtWeaver, J.
A brief statement of admitted facts will make plain the nature of the case presented. One Mc-Gregor for a long time resident of the county became the owner by inheritance from his father of an undivided interest in land. Soon thereafter he executed and delivered two certain mortgages upon the property to Lipman Loser. One year later he executed and delivered two other mortgages thereon to the Plainfield Savings Bank. Each of said instruments was duly recorded very soon after its execution. No objection is raised to the sufficiency of the consideration for either mortgage or to its validity as…
2Cases cited27 opinions
- McPherson v. . RollinsNew York Court of Appeals · 1887
- Northwestern Bank v. FreemanSupreme Court of the United States · 1898
- Thomas v. DesneySupreme Court of Iowa · 1881
- Laflin & Rand Co. v. Steytler, Pennsylvania Court of Common Pleas, Alleghany County1892
- Thomas v. KennedySupreme Court of Iowa · 1868
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3Cited by24 opinions
- Moser v. Thorp Sales Corp.Supreme Court of Iowa · 1981
- Clemens Graf Droste Zu Vischering v. KadingSupreme Court of Iowa · 1985
- Stewart v. TalbottSupreme Court of Colorado · 1913
- MerolevitzMassachusetts Supreme Judicial Court · 1946
- Keefe v. CropperSupreme Court of Iowa · 1922
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