Thorpe Block Saving & Loan Ass'n v. James

The appellees, James et al., brought suit to foreclose a mechanic’s lien. Appellant and others filed cross-complaints. The facts were found specially. Those essential to an understanding of the case in hand are as follows: On April 28, 1892, John and August "Wacker sold and conveyed to Charles Conner a certain lot No. 93, for $350, of which $50 was paid cash, and for the residue notes were taken, secured by a mortgage on the lot, executed on the same day and duly recorded. By the terms of this mortgage it was made junior to a mortgage to be executed in favor of appellant for $600. On the…