Mounce v. Wightman

— Henry Monnce and Edith E. Monnce, his wife, hereinafter called defendants, were the owners of certain real estate in Graham and Gila comities, Arizona, and a number of cattle running on the open range in the same counties. This property was subject to various encumbrances, which were, in their order; First, a mortgage on the cattle alone in favor of the First National Bank of Globe for approximately $2,600; second, a mortgage for about $1,700 on both the cattle and the land involved in this case to one J. W. Rais; and, third, a chattel mortgage on the cattle to Eliza J. Wightman,…