Robinson v. El Centro Grain Co.

Appellant is the assignee for the purpose of collection of a promissory note in the principal sum of $16,000 and given by the El Centro Grain Company to the Southern Trust and Commerce Bank, a San Diego bank. This note was secured by a deed of trust on real property and a chattel mortgage and bore on its face the signatures of - S. T. Marshall and Harry W. Horton. It also bore a written guarantee of payment signed by Harry W. Horton, Arthur C. Rath, S. T. Marshall, C. W. Horton, J. M. Lathrop, and C. G. WulfE. Prior to the arising of the issues presented here the Bank of Italy National Trust…