Minneapolis Threshing MacH. Co. v. Hocking

This action was brought to foreclose a chattel mortgage given to secure $1,925, the purchase price of certain threshing machinery consisting of a separator, feeder, weigher, and wind stacker. The indebtedness was represented by two notes: One for $300 given for the stacker and one for $1,625 the balance of the purchase price. The stacker note was paid in 1921, and plaintiff seeks to satisfy the second note by this foreclosure.

The complaint is the ordinary complaint in foreclosure. The defendant, in his answer, admits the giving of the notes and mortgage and alleges that they were given for…