Pacific States Savings & Loan Co. v. North American Bond & Mortgage Co.

Plaintiff purchased certain real property at a sale conducted by Pacific Auxiliary Corporation as the substituted trustee under a deed of trust. It brought this action to quiet title against the defendant corporation, which was the original trustee under said deed of trust. The claim of the defendant was based solely upon its alleged interest as such trustee. The trial court entered judgment denying any relief to plaintiff and adjudging that title to said real property was vested in defendant as such trustee. Plaintiff appeals from said judgment.

The cause was tried upon stipulated facts. The…