Louisville Joint Stock Land Bank v. McNeely

Opinion of the Court by

Chief Justice Ratliff—

Affirming.

In July, 1916, H. B. McChesney executed his note to S. _ M. Williamson & Co., Inc., of Memphis, Tenn. (hereinafter called' Williamson & Co.) for $1,600 and to secure the payment of same he executed a mortgage on four certain tracts of land located in Caldwell county, Ky. In March, 1922, McChesney executed his note to E. L. McNeely for $416 and to secure the payment of it he executed a mortgage on the same real estate. In October, 1922, McChesney obtained a loan from the appellant, Louisville Joint Stock Land Bank (hereinafter called the…