Powell

Powell v. Patison

Good Law
100 Cal. 234·1893 Cal. LEXIS 775·34 P. 676
Supreme Court of CaliforniaNovember 8, 1893No. 18002California402 words

Opinion

lead Opinion

Fitzgerald, J.

Action to foreclose a deed of trust. The complaint substantially alleges that on June 22, 1881, the defendants, Henry Patison and his wife Emma J. Patison, executed to plaintiff’s assignor their promissory note for two thousand dollars, payable on the twenty-second day of June, 1885, with interest as therein specified; that at the same time they executed to the defendants, Hamilton and Coleman, as trustees, a conveyance of the real property therein described to secure the payment of the principal and interest mentioned in said note according to the terms thereof, and that said deed of trust was intended and given to said trustees as a mortgage for that purpose.

The answer admits the execution of the deed of trust, but specifically denies that it was intended and given as a mortgage.

Plaintiff had judgment for the full amount of the note, but the court refused to decree a foreclosure, and it is from that part of the judgment that plaintiff appeals.

The only question arising on this appeal is whether the instrument sought to be foreclosed was given and intended as a mortgage. Upon this issue raised by the pleadings, and which is treated and discussed by the parties to this action…

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