Stanley v. Beatty

This was a bill in chancery to foreclose a mortgage. From the agreed state of facts, and such allegations in the bill as are otherwise established, we extract the following:

The defendant, Wallick, had purchased from Hamilton and Godfroy, respectively, two lots in Peru, and taken their title-bonds. These lots Wallick sold to the defendant, Jones, and instead of assigning the title-bonds of Hamilton and Godfroy, he gave his own separate obligation to Jones for a deed. Jones and the defendant Kite, had executed to the defendant Beatty, their two joint notes of 604 dollars each; the one due…