Supreme Court of Iowa November 23, 1926 (Iowa Loan & Trust Co. v. Seaman)

lead-opinion

On March 1, 1921, appellants executed fifteen $1,000 notes to, and payable at, the Farmers Trust Savings Bank of Bouton, securing the payment thereof by a second mortgage, *Page 312 1. PRINCIPAL naming Gardiner and Arthurs, cashier and AND AGENT: president, respectively, of the bank, as authority of mortgagees upon a tract of 120 acres situated in agent: Boone County.