Pittwood v. Spokane Savings & Loan Society

The question in this appeal is whether a certain deed was intended to be either a mortgage or an extension of the due date of a previously given mortgage.

On the 15th day of November, 1919, the Fireproof Storage Company gave to the respondent, Spokane Savings & Loan Society, its mortgage covering lot 7 in block 6 of First Addition to Third Addition to Bail-road Addition to the city of Spokane Falls (now Spokane), hereinafter called the warehouse property, to secure an indebtedness of $35,000, evidenced by three promissory notes executed and delivered by the storage company to the loan society.…