Elzy ex rel. Farmers' Bank of Gays v. Morrison
Appellate Court of Illinois
Appeal from the Circuit Court of Coles county; the Hon. William B. Scholfield, Judge, presiding. Heard in this court at the April term, 1912.
1Opinion of the CourtJustice Philbbick
delivered the opinion of the court. ’
On October 15, 1910, W. J. Elzy bought from Fred Morrison, 61 head of steers for $2,767.84, for which he gave a note bearing seven per cent, interest, payable July 1,1911. To secure the payment of this note, Elzy made and executed a chattel mortgage upon these cattle, this mortgage was properly acknowledged and recorded.
On May 22,1911, Elzy made and executed a promissory note to J. E. Dazey for $1,593.90, due sixty days after date, and drawing seven per cent, interest. This note was also secured by a mortgage on the same cattle, Dazy’s mortgage reciting…
2Cases cited5 opinions
- Commercial National Bank v. ProctorIllinois Supreme Court · 1881
- Harlan v. AshSupreme Court of Iowa · 1891
- Fort Dearborn National Bank v. BlumenzweigAppellate Court of Illinois · 1892
- Merchants National Bank v. RitzingerAppellate Court of Illinois · 1886
- Funk v. IronmongerIllinois Supreme Court · 1875
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- In the Matter of Albert E. Forney and Juanita I. Forney, Bankrupts. The United States of America v. Raymond A. Flynn, TrusteesCourt of Appeals for the Seventh Circuit · 1962
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