Leach v. Peoples Savings Bank

I. At the time involved herein, J. W. Reihman was president of the Peoples^ Savings Bank at Grand Mound, Iowa. He is the uncle of Paul Lichtenstein, who is the brother-in-law of Lillian Lichtenstein. In 1919 Lillian Lichtenstein had approximately $17,000 on deposit in the aforesaid bank. At this time there was under consideration a proposition for the purchase of a certain quarter section of land near Galámus, in Clinton County.

It is conceded, or at least the evidence satisfactorily shows, that at this time there existed on said quarter section of land an $8,000 first mortgage and a second…