Legal Opinion

Creglow v. Creglow Bros.

Supreme Court of Iowa

Decided December 11, 1896Published

Appeal from Franklin District Court. — -Hon. D. R. Hindman, Judge. Suit in equity to foreclose a chattel mortgage upon a stock of goods and merchandise. There was a hearing on the merits, and a decree for the defendants. Plaintiff appeals.

1Opinion of the CourtRothrock, C. J.

1 On the seventeenth day of November, 1894, the defendants, Creglow Bros., were engaged in keeping a general store at Hampton, in Franklin county. On that day -they executed and delivered to the plaintiff a chattel mortgage upon all of their stock in trade to secure the payment of a promissory note of that date for fourteen thousand three hundred and thirty-two dollars. The note was made payable in one month after its date. On the same day, and within a short time after the execution of the mortgage, said defendants executed an assignment of their property for the benefit of their creditors.…

2Cases cited2 opinions

  1. Elwell v. Kimball & ChampSupreme Court of Iowa · 1896
  2. David v. BaileySupreme Court of Iowa · 1895

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