98 Iowa 135 | Iowa | 1896
The note in controversy, was given by the defendants, who are husband and wife, on the fifth day of October, 1887, for the sum of seventy-seven dollars and fifty cents, with interest thereon at the rate of eight per cent, per annum, and was payable one year after its date. It was secured by a mortgage on the homestead of the defendants, and on a small strip of land connected with it. The mortgage was also given to secure two other notes, one of which was due in two, and one in three years from their date. Both of them have been paid. The plaintiff admits the payment of five dollars and ninety cents on the note in suit. The defendants claim that, in addition to the payment admitted by the plaintiff, there have been paid, in the price of a certain gray mare, in labor, and in use of a horse, sums amounting to one hundred and two dollars; and that.the amount thus paid was the full amount due on the note. The plaintiff denies that payménts were made by the defendants as claimed, and alleges that the gray mare, for which a credit of eighty-five dollars is asked, was taken in part payment of a chattel mortgage thereon which he held. The district court found that the plaintiff was not entitled to any relief, and adjudged that the mortgage in suit be satisfied of record,
The presumptions which naturally arise from the admitted facts, are in favor of the plaintiff. Having a mortgage on real estate to secure the note in suit, and a mortgage on the mare to secure other notes, it would be contrary to ordinary business usage for him to waive his right to apply the price of the mare to the payment of the notes which were secured only by the mortgage on her, and use it for the payment of a note which was otherwise secured. The labor, for which the largest credit on the note in suit was claimed by the defendants, was performed by the son, who signed the two notes, on one of which credit for his labor was given. It is probable that the son lesired credit for his labor to be given on a note on which he was liable, rather than on another. However that may have been, it appears that a settlement between the plaintiff and Peter Marcy in regard to the credit due the latter for labor was had, and the indorsements were made pursuant to that settlement. The burden is on the defendants to prove that the note in suit was paid. Their testimony is, in some respects, unreasonable, and fails to convince us that their claims are well founded. After a careful examination of the record submitted to us, we reach the conclusion that the defendants have failed to establish their defense in any particular, and that the