Peters v. Carroll
Missouri Court of Appeals
Appeal from Texas Circuit Court. — Hon. L. B. Wood-side, Judge. (!) Agreement to hold money in readiness to loan defendant held to obligate defendant to pay interest during specified period whether he took advantage of the loan or not. Eblen v. Selden (Md.), 59 Atl. Rep. 120. A mortgage to cover future advances is valid. - Foster v. Reynolds, 38 Mo. 556. (2) Plaintiff’s obligation was to furnish a perfect title of record satisfactory to the counsel of the investment company.
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Appeal from Texas Circuit Court. — Hon. L. B. Wood-side, Judge. (!) Agreement to hold money in readiness to loan defendant held to obligate defendant to pay interest during specified period whether he took advantage of the loan or not. Eblen v. Selden (Md.), 59 Atl. Rep. 120. A mortgage to cover future advances is valid. - Foster v. Reynolds, 38 Mo. 556. (2) Plaintiff’s obligation was to furnish a perfect title of record satisfactory to the counsel of the investment company. Marmaduke v. Martin, 90 Mo. App. 629. (3) The defendant was the agent of the plaintiff and acted under his…
1Opinion of the CourtGray, J.
This case was tried in the circuit court of Texas county, resulting in a judgment in favor of the plaintiff, from which the defendant appealed.
Tlie plaintiff alleges in his petition, filed December 27, 1909, that the defendant in 1908, was engaged in the real estate, loan and brokerage business in Yan Burén, Mo., as the agent for Wells & Adams, loan brokers of Quincy, 111.; that plaintiff applied to defendant for a loan of $2000 on certain real estate in Carter county, Mo., owned by the plaintiff; that on January 4, 1909, the defendant accepted the loan and plaintiff delivered to the…
2Cases cited1 opinion
- Atterbury v. HopkinsMissouri Court of Appeals · 1906
3Cited by2 opinions
- Whittlesey v. SpenceMissouri Court of Appeals · 1969
- HARRY M. FINE REALTY COMPANY v. StiersMissouri Court of Appeals · 1959