Illinois Supreme Court June 23, 1905 (First National Bank v. Southworth)

Mr. Justice Scott

delivered the opinion of the court:

Appellant urges that the provision in the instrument of March 6, reciting that the Blankley note and mortgage had been deposited with the bank as collateral security for all present demands of the bank against “the undersigned,” included within its terms, as a present demand against “the undersigned,” the note for $750 which was at that time a