109 Iowa 618 | Iowa | 1899
Tbe mortgage on which, this action is based was executed by the defendants to the plaintiffs, October
II. But was Head authorized by the mortgagees to receive this payment? The executors, as will be seen, are mistaken in saying he was their agent for no purpose whatever. Their testimony, in this respect, is important only as excluding the possibility of an oral arrangement between
III. But it is .contended that, even though there might have been authority to receive payment of mortgage loans which had matured, it did not exist as to this one, since it was not due, nor was payment-made at a time when the mortgagees were required to exercise their option of paying one hundred dollars or multiple thereof. True, the payment