Prudential Insurance Co. of America v. Bass

Mr. Presiding Justice Niehaus

delivered the opinion of the court.

On the 10th day of December, A. D. 1921, Arthur S. Bass and Jennie E. Bass borrowed the sum of $22,000 from the Prudential Insurance Company of America, the appellant herein. A note for that sum, evidencing the debt, and a first mortgage on the farm land described therein in Pike county, were executed and delivered to the appellant company. The principal sum in the note was payable December 10, 1926, with interest from December 10, 1921, at the rate of six per cent per annum, and the makers of the note have the privilege of…