Supreme Court of Kansas April 8, 1933, No. 30,897 (State v. Taylor)

*281The opinion of the court was delivered by

Johnston, C. J.:

J. Luther Taylor was convicted upon a charge of embezzlement, and appeals.

In 1903 the defendant organized the Pittsburg Mortgage Investment Company and carried on the farm-loan business at Pittsburg and in neighboring states, taking many mortgages from borrowers and selling the same to investors until May, 1931, when the business