Lashley v. Dexter

POSTER, O.

This is an action based on a $3,000 mortgage executed by Thomas P. Clark to John Dexter and by him sold to the plaintiff in error, Katie B. Lashley, through Nicholas Ulrich & Company, of Peoria, Ill., the assignment being made direct to Katie B. Lashley at the request of said company. At the same time a second mortgage was executed to John Dexter for commission.

When the interest coupons on the first mortgage became due, Katie B. Lashley sent them to Nicholas Ulrich & Company, who in turn sent them to John Dexter. It appears that Clark paid one interest coupon, and thereafterwards…