Community Savings & Loan Co. v. Eifort

Woods, Judge:

Notice of motion by the purchaser of a large number of notes payable to Real Estate Securities Company to recover principal and interest on 24, of a series of 56, notes, payable in 13 to 36 months after date, respectively, the same having been executed by W. F. Eifort, as maker. Tbe notes sued on, each in the sum of $10.00, were executed in conformity with a certain agreement for the purchase of a lot from the securities company. Fifty-four of the notes of said series had been deposited by the payee with American Bank & Trust Company, as trustee under a collateral trust agreement…