Dunphy
Dunphy v. Guaranty Building & Loan Assn.
Opinion
Opinion
Sturtevant, J.
In an action brought to quiet title and to recover damages the trial court granted a motion for a nonsuit against the plaintiffs and made findings in favor of Guaranty Liquidating Corporation, the intervener, quieting its title. From the judgment entered the plaintiffs have appealed.
Heretofore one Fields sold and conveyed to Osear L. Bishop certain acreage in Los Angeles County which was platted and subdivided as Tract 3874. Among others it contained lot 9. After acquiring title, the grantee mortgaged lot 9 to one Lehmann for $4,000. On July 21, 1923, Bishop conveyed to Helen Barnard. She conveyed to C. F. and M. L. Higgins. The latter conveyed to these plaintiffs on January 4, 1928. Helen Barnard .purchased the lot for $8,500 (sic). She paid $1,000 down. She assumed the mortgage for $4,000. She made a second mortgage in the sum of $3,750. She agreed to pay and did pay $100 per month for about two years when she sold to Mr. and Mrs. Higgins. The latter paid $1,000 down and executed a trust deed for $7,750 to secure a loan from Guaranty Building and Loan Association, which, in turn, paid off the two encumbrances, one for $4,000 and one for $3,750. In 1928 the plaintiffs bought…