17-1011. History: L. 1899, ch. 78, § 11; L. 1915, ch. 95, § 1; L. 1919, ch. 103, § 2; R.S. 1923, 17-1011; Repealed, L. 1943, ch. 133, § 216; July 1. CASE ANNOTATIONS 1. Cited in denying right to make second mortgage. State v. Wingett, 136 Kan. 436, 438, 16 P.2d 486. 2. Payment of dues is not inducement for making loan under K.S.A. 41-103. Railroad Bldg., L.&S. Ass'n v. Fitzpatrick, 141 Kan. 654, 658, 43 P.2d 219. 3. Installment stock constituted pledge as well as assignment, not a mortgage. Myers v. Isern, 147 Kan. 182, 188, 75 P.2d 253. 4. Prior act cited in considering power to enter into definite payment contract. Stumph v. Wheat Belt B.&L. Ass'n, 148 Kan. 25, 30, 79 P.2d 896. 5. Cited in discussing defense of fraud and misrepresentation. First Federal Savings & Loan Ass'n v. Thurston, 148 Kan. 88, 95, 80 P.2d 7. 6. Mortgage foreclosure; certificate of stock held duly issued to and pledged by borrower. Central States B.& L. Ass'n v. Bitler, 149 Kan. 349, 350, 351, 87 P.2d 631. 7. Incorporation agreement and mortgage construed to give mortgagee priority in foreclosure. Eureka B.&L. Ass'n v. Greenwood Hotel Corp., 152 Kan. 175, 182, 103 P.2d 46. 8. Equitable owner not "junior lienholder" within meaning of this section. Mace v. Norwood, 155 Kan. 302, 306, 124 P.2d 497. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026