Collins

Collins v. Bridge Investment Co.

Good Law
1942 Cal. LEXIS 243·20 Cal. 2d 52·123 P.2d 436
Supreme Court of CaliforniaMarch 24, 1942S. F. No. 16543California1,183 words

Opinion

Lead Opinion

Shenk, J.

The plaintiff has appealed from a judgment quieting the defendant’s title to certain described real property. The appeal was taken on the judgment roll alone. The amended complaint contained two causes of action. In the first cause of action the plaintiff alleged ownership of the real property, and the execution of a note and a trust deed in favor of the defendant; that he had defaulted in the payments required by the provisions of the trust deed note but that he had obtained a moratorium decree under the Mortgage and Trust Deed Moratorium Act of 1937 (Stats. *54 1937, p. 460; Deering’s Gen. Laws, 1937, Act 5101) forbidding a sale of the property until after July 1, 1,939; that on August 31, 1938, the court entered an order terminating the extension under the moratorium act and permitting a sale of the property; that at such sale the property was sold to the defendant, the beneficiary under the trust deed. The plaintiff further alleged that the order terminating the extension was void and that the sale was therefore in violation of the extension. Thus by the first cause of action the plaintiff attempted to base his claim of title on the asserted invalidity of the order terminating…

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