Metropolitan Life Insurance v. Reimer

— -On the 25th day of May, 1933, the Metrópoli tan Life Insurance Company of the city of New York, a corporation, filed its petition in Pottawattamie county, Iowa, against Marx E. Beimer and Meta Beimer, in which it alleged that the defendants had made, executed, and delivered to Annis & Bohling Company their certain promissory note in the sum of $40,000, due June 1, 1938; that said note provided for the payment of interest at the rate of 5 per cent, payable annually on the 1st day of June in each year; that, collaterally with the execution of the note and as a part of the same' transaction…