Local Federal Savings & Loan Ass'n v. Sheets

This is an action to cancel a second mortgage on real estate and to recover money previously paid in partial satisfaction of the debt secured by the mortgage. It was instituted in the district court of Oklahoma county by R. B. Sheets and Letha Mary Sheets, husband and wife, against the Local Federal Savings & Loan Association of Oklahoma City, on the 6th day of April, 1940.

Issues were framed by appropriate pleadings in which the defendant not only sought to defeat plaintiffs’ action but also in a cross-petition sought to foreclose its mortgage. The cause was tried to the court without the…