Sandy Hook Bank's Trustee v. Boggs

Opinion op the Court by

Creal, Commissioner—

Affirming.

On September 8, 1923, Lafe Boggs and his wife,. Katie Boggs, executed and delivered to the Federal Land Bank of Louisville a mortgage upon 312% acres of land in Elliott county to secure the payment of a note of $3,300 which the mortgagors had on that date executed and delivered to the mortgagee. The note provided for payment on the amortization plan with a preliminary interest payment of $77.64 on March 1,. 1924, and 68 semi-annual payments of $107.25 each, payable on September 1 and March 1 of each year thereafter, up to and including…