Huntington Savings & Loan Ass'n v. Cocker

John J. Cocker and wife were members of the Huntington Savings and Loan Association. They obtained a loan from said association which was secured by a mortgage on their property, and also by a pledge of their shares in the association upon which they had paid about $579. The Cockers conveyed the property to Ernest C. Bicknese and wife, subject to the first mortgage. The plaintiff has commenced an action to foreclose the mortgage against all the foregoing defendants and the question is whether the plaintiff must first foreclose its mortgage on the real property before proceeding against the…