Mortgage Guarantee Co. v. Hammond Lumber Co.

The plaintiff, as beneficiary under a trust deed, brought an equitable action to quiet title against the defendants, who were mechanic’s lien claimants and one of them the holder of an attachment lien. The defendants on their part filed cross-complaints against the plaintiff and against each other. It is not necessary to set forth the pleadings at greater length for the reason that no contention is made on appeal with regard to them.

The trial court after a painstaking trial found as follows:

The plaintiff is the beneficiary under a trust deed covering certain property in Los Angeles executed…