McCormack v. E. E. McCormack Co.

The plaintiffs E. E. McCormack and Caroline McCormack brought this -suit to foreclose a contract of sale wherein plaintiffs agreed to sell to the E. E. McCormack Co., a corporation, a plant manufacturing concrete products.

It is conceded on this appeal that the defendant E. E. McCormack Co. breached the sales agreement with plaintiffs and that foreclosure was properly decreed.

The question raised 'on appeal is as to the priorities between liens claimed by the plaintiffs and liens claimed by the defendant Investment Service Co., as assignee of the United States National Bank of Oregon.

The…