Hubbard v. Robert B. Wallace Co.

The Robert B. Wallace Company, incorporated, was for many years engaged in the loan and insurance business in Council Bluffs, Iowa. For two years preceding the transaction involved in this action, George A. Hubbard urns engaged in the business of a general contractor and builder, purchasing vacant lots and erecting buildings thereon for the pur-To aid him in carrying on said business, he pro-' cured loans on the property to be improved, on a 15-year semiannual amortization plan. On or about March 1, 1923, he made application in writing to the Wallace Company for a loan of $4,500, proposing to…