Phelps v. American Mortgage Co.

Action numbered 11300, the Phelps case, was brought to obtain an adjudication that plaintiffs named therein hold a valid first deed of trust on property in the city of Los Angeles. Action numbered 11301, the Begley case, was brought to foreclose the alleged lien. These appeals are prosecuted from judgments which decreed that plaintiffs have no interest in the property. The actions were consolidated for trial and appeal. The sufficiency of the complaint in the Phelps action was upheld on a former ap peal. (Phelps v. American Mtg. Co., 6 Cal. (2d) 604 [59 Pac. (2d) 95].)

Oñ November 22, 1926,…