Legal Opinion

Sloan State Bank v. B. M. Stoddard & Son

Supreme Court of Iowa

Decided October 21, 1916PublishedCited by 6 opinions

Appeal from Woodbury District Court. — W. G. Sears, Judge. Action for the value of certain corn, covered by two chattel mortgages executed by F. A. Godsey and wife to plaintiff and sold by said Godsey to defendants, resulted in judgment as prayed. The defendants appeal.

1Opinion of the CourtLadd, J.

F. A. Godsey and wife executed their promissory note, dated August 17, 1912, to plaintiff for $1,000, payable February 1, 1914, with interest at- the rate of 8 per cent per annum, and also a chattel mortgage securing payment thereof, covering designated personal property and “all crops grown during 1913” on a quarter section of land therein described. Later on, they executed another promissory note for $320, dated September 23, 1913, and payable February 2, 1914, with interest at the same rate as the previous note. A chattel mortgage was executed at the same time, covering all the crop of…

2Cases cited1 opinion

  1. Planters' Compress Co. v. HowardCourt of Appeals of Texas · 1906

3Cited by6 opinions

  1. Ontario Livestock Commission Co. v. FlynnSupreme Court of Iowa · 1964
  2. Hopkins v. HemsleyIdaho Supreme Court · 1933
  3. Merchants and Farmers State Bank v. RosdailSupreme Court of Iowa · 1964
  4. Bell v. KassahnWyoming Supreme Court · 1928
  5. First Farmers State Bank, by Peyton v. CrosbySupreme Court of Minnesota · 1934

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