[DOWNLOAD] "American Bank v. Gilbert J. and Dorothy" by Western District Court of Appeals of Missouri * eBook 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.