Rutherford v. Morgan

Olsen, C.

The plaintiff seeks to have a real estate mortgage adjudged paid and to have it satisfied, and appeals from a judgment in favor of the defendant denying the relief sought.

On March 2, 1914, plaintiff mortgaged a tract of land in St. Louis county to the Wisconsin Loan & Trust Company to secure a promissory .note, for $1,200, payable to said company at its office in Superior, Wisconsin, on or before March 2, 1917. The Wisconsin Loan & Trust Company was engaged in the business of taking mortgages on real estate, loaning money on real estate mortgages, and selling the notes and mortgages…