Farmers Savings Bank of Slater v. Weeks

I. The defendants are husband and wife. At the time of the execution of the mortgage, they were the owners and in occupation of a farm of 240 acres, heavily incumbered. The defendant O. T. Weeks was indebted to the Farmers Savings Bank upon a past-due note for $9,800, and was likewise indebted'to the other plaintiff, Iowa Trust & Savings Bank, on a past-due note for $1,550. On the date of the mortgage, an extension of time was granted, and new notes were given, together with the mortgage in suit. The wife, Mary, signed the notes, as well as the mortgage. As one of her defenses, she pleaded a…