Long v. Steele
Long v. Steele
Opinion of the Court
The opinion of the court was delivered by
This action was originally instituted by John S. Long in his lifetime against the defendant in error to recover a judgment upon three certain promissory notes for $500 each and for foreclosure of the mortgage securing the same.
The defendant filed an answer to the petition, containing (1) a general denial; (2) allegations that said notes and mortgage were given without consideration, as ah accommodation to the payee thereof, for the purpose of tiding over a temporary embarrassment of a bank of which said payee was the principal owner, and upon the agreement upon his part that said notes should be returned to her without
The first important question raised by the pleadings in this case is: Did John S. Long procure the execution and delivery of the mortgage and notes in controversy upon the representation that the bank of which he was the principal owner was' temporarily embarrassed and needed them to tide it over such embarrasment, and that when such object was accomplised they should be canceled and returned without payment ? If this question is answered in the affirmative, it makes but little difference in this case what the facts were as to the original purchase of the land. This cause stands or falls upon the validity of the notes and mortgage, and if they were procured as claimed by the defendant, then, as between the parties thereto, they have no validity and can form the basis of no rights. This question was submitted to the jury and by them decided adversely to the claims of the plaintiffs. There
The judgment of the district court must be affirmed.'
Case-law data current through December 31, 2025. Source: CourtListener bulk data.