Senter v. Mitchell

On the fifteenth day of November, 1881, the defendant, Austin Mitchell, was indebted to Milner & Collins in the sum of §1,767.69, evidenced by a negotiable promissory note of that date, and, to secure payment of the same executed a mortgage on that day on certain real estate and “30 bales of good lint cotton, the first picking of our crop of 1882, to average 450 pounds each, to be delivered in Prescott, Nevada county, Arkansas, on or before the first day of November, 1882.”

On the nineteenth of December, 1881, Milner &' Collins indorsed the note, and transferred the mortgage to the plaintiffs.…