Saum v. Hine

There seems to be no dispute over the material facts in this case. Emma L. Saum was the owner of the first mortgage covering certain real property in Muskogee, Okla. T. S. Hine was the owner of the second mortgage thereon. The conditions of the mortgages had been breached by failure to pay. During the latter part of 1931, Mrs. Saum consulted her real estate agent, John Philpin, with reference to her mortgage. At that time apparently the property was not worth sufficient to pay the mortgage of Mrs. Saum; in addition there had accumulated several hundred dollars of delinquent taxes. The holder…