BOWEN v. MOUNT VERNON SAV. BANK

No. 7175.

105 F.2d 796 (1939)

BOWEN et al. v. MOUNT VERNON SAV. BANK et al.

United States Court of Appeals for the District of Columbia.

Decided June 26, 1939.


Attorney(s) appearing for the Case

George C. Gertman, of Washington, D. C., for appellants.

L. Harold Sothoron, of Washington, D. C., for appellees.

Before GRONER, Chief Justice, and STEPHENS and EDGERTON, Associate Justices.


EDGERTON, Associate Justice.

In 1927 appellants made a valid note for $43,000, payable on May 5, 1929, and secured by a second deed of trust. About ten days before it fell due James H. Baden, vice-president of the Commercial National Bank, the then holder, informed appellants' son, who had asked for an extension, that the bank would extend the note for two years if appellants would pay a "curtail" of $3,800 and a "bonus" of $4,200. On May 8, 1929, the demanded curtail...

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