Insurance Co. v. Eldredge

In November, 1871, John Van Riswick sold and conveyed certain real. property • in the city of Washington, of which he then was the owner, to one George B. Coburn, for the sum of $7,784.40, for which the latter gave his three promissory notes, each for $2,578.13, payable respectively in one, two, and three years after date, with interest. Tó secure these notes, Coburn executed to one William H: Ward a deed of trust of the property. This deed authorized. Ward, upon default in payment of either of the notes, to sell the property, and upon full payment of the notes, and not otherwise, to release…