Harris v. Barnes City Savings Bank

On July 13, 1914, the plaintiff executed and delivered to the defendant bank a warranty deed for a certain farm of 154 acres owned by the grantor in Mahaska County. The expressed consideration for such convey-anee was $1.00; but it is conceded of record that re£¿ p^pogg and intent of the transaction was to secure payment to the bank of an indebtedness of about $4,000 to $5,000-, subject, however, to prior mortgage liens of $26,000 and interest. The defendant Williams was cashier of the defendant bank, and as such represented it in-its transactions with the plaintiff. On June 29, 1917,…