Hotaling v. Tecumseh National Bank

On September 30, 1891, tbe firm of Russell & Holmes, being heavily indebted to tbe Tecumseh National Bank, conveyed to it, as security for such indebtedness, certain real estate situated in Johnson and Pawnee counties, in this state. The conveyance was by deeds of general warranty expressly declared to be subject to certain in-cumbrances therein mentioned. Afterwards Russell & Holmes, in order to obtain money with which to discharge their indebtedness to the bank and thus enable it to continue in business, induced the plaintiffs and forty-three others to execute to them a large number of…