Richey Loan Co. v. Cheldelin

This is a suit by plaintiff, as assignee, to foreclose two mortgages covering the same land, each given to Eose S. Eichey, plaintiff’s assignor, by John F. Cheldelin to secure the payment of two promissory notes given by him and payable to her order. One of the mortgages. and the note secured thereby were given on June 1, 1911, the other note and mortgage on December 1, 1911, and each note was in terms payable five years after the date thereof. When these instruments were executed, Cheldelin was single and he was the sole owner of the mortgaged property. Later he and the defendant…