(Download) "Smith" by Supreme Court of Arkansas # eBook PDF Kindle ePub Free

July 14, 2021

eBook details

Title: Smith
Author : Supreme Court of Arkansas
Release Date : January 07, 1952
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 62 KB

Description

January 23, 1948, L. M. Simmons, operator of a cafe, gave his note to the Citizens Bank of Jonesboro for a loan of $2,400, with his sister-in-law, Lois Cain, and appellant, Holt, as sureties thereon. On the same day, he also executed, as additional security, a chattel mortgage covering the fixtures of the cafe, which contained these recitals: "For the purpose of securing payment of debt and the note evidencing the same, and all renewals and extensions thereof, and all additional loans and advances which may hereafter be made by the mortgagee, its successors or assigns to the mortgagor, whether made before or after the maturity of the note described herein and during the life of this mortgage, whether evidenced by note or notes, and any and all other present or future liability of the mortgagor to the mortgagee, its successors and assigns, does hereby sell, assign, transfer and etc. the following described personal property