Andrew v. Darrow Trust & Savings Bank

Tbe preference bere .sought by tbe Union Bond & Mortgage Company, tbe claimant and appellant, is based upon asserted fraud of tbe Darrow Trust & Savings Bank, defendant, in making false representations during tbe negotiations of a farm loan for one Henry P. Yearling, to tbe effect tbat tbe real estate to be mortgaged was free from incumbrance.

Chronologically, the facts are: E. W. Loomis, about March 5, 1920, executed to Katie Delsing two notes, aggregating $50,000, secured by separate mortgages on 360 acres of land in Chickasaw County. On April 22, 1922, assignments were made to Shekletons,…