Krahmer v. Koch

Holt, Commissioner.

The amended complaint fills 26 printed pages of the record. The substance of only the parts deemed material for a decision need be stated. On April 2, 1928, defendant Gustav C. Koch owned a described 160-acre farm in Martin county, this state. On that date he gave his promissory note for $10,000 and, to secure its payment, executed a first mortgage on the farm, his wife joining. That mortgage is unpaid, except interest up to shortly before this suit. Its validity is conceded. On the same date Gustav C. Koch gave to a bank at Fairmont his promissory note for $2,500 and, to…