Hawkeye Securities Fire Insurance v. Central Trust Co.

I. This action is brought in equity, to compel the specific performance of an alleged written agreement to repurchase a certain note and mortgage negotiated by appellant to appellee on. November 6, 1919. The alleged agreement, written upon the stationery of appellant, and signed "Taylor Grimes, Vice President-Loans,” is as follows:

"We have this day sold to your company a certain farm mortgage, signed and executed by Milo D. Morse and wife, Cecile Morse, dated October 1st, 1915, for $8,000.00— secured by 160 acres of land in Mower County, Minn., described as the Northeast Quarter of Section…