American Net & Twine Co. v. Githens

Reed, V. C.

On March 23d, 1897, there were six pieces of land, owned as follows: Lots 1 and 2, by John A. Githens; lot 3, by Githens and William Larabee; lots 4 and 5, by William Larabee, and lot 6, by Mrs. Larabee, the' wife of William Larabee.

Upon lot No. 1 there were two mortgages then existing, one *540for $2,500, made to the Asbury Park and Ocean Grove Bank, and another for $6,500, made to the Mutual Life Insurance Company. On that date the owners of these six lots joined in executing three mortgages, each covering all the six lots. One was made to the complainant, the American Net and Twine…