(DOWNLOAD) "American Bank v. Gilbert J. and Dorothy" by Western District Court of Appeals of Missouri # Book PDF Kindle ePub Free

eBook details

Title: American Bank v. Gilbert J. and Dorothy
Author : Western District Court of Appeals of Missouri
Release Date : January 26, 1989
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 62 KB

Description

DONALD B. CLARK, PRESIDING JUDGE At issue in this case is the question of what amount of interest the holder of a secured promissory note may recover from the proceeds of sale of the mortgaged property on foreclosure by the holder of a junior mortgage debt. The trial court held the note in question to allow compound interest. American Bank, holder of the junior note, appeals contending that only simple interest should have been allowed. We Affirm.

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