Legal Opinion

McCorkle v. Lessenger

Supreme Court of Iowa

Decided November 17, 1925PublishedCited by 1 opinion

1Opinion of the CourtEvans, J.

I. The defendants are husband and wife, the husband being a physician in New London. The mortgage covers their home. The notes and mortgage were given to one Truitt ™ a very visionary speculation on their part, Truitt, a resident of St. Louis, appeared at New London, purporting to have for sale shares of stock in the Miller Train-Control Corporation. By various representations made by Truitt and readily relied on by the defendants, Truitt purported to sell to them 500 shares of such stock at $5.00 per share. They made part payment in cash, and for the residue gave the notes and mortgage in…

2Cited by1 opinion

  1. North American National Insurance v. HolstrumSupreme Court of Iowa · 1928

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