FIRST FED. S. & L. ASS'N OF SALEM v. Gruber

618 P.2d 1265 (1980)

290 Or. 53

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF SALEM, a Corporation, Plaintiff-Purchaser,

v.

Matthew GRUBER and Alice S. Gruber, Husband and Wife, Defendants.

Robert Harris, Petitioner (Assignee of Purchaser),

v.

William B. Barnum, Jr., Respondent (Assignee of Defendants).

CA 14254; SC 27041.

Supreme Court of Oregon.

Argued and Submitted September 8, 1980.

Decided November 4, 1980.

Rehearing Denied December 9, 1980.

Charles R. Markley, of Schwabe, Williamson, Wyatt, Moore & Roberts, Portland, argued the cause and filed briefs for petitioner.

Thomas C. Howser, of Cottle,…