Wood v. Swan

The conflict of interest in this case is between assignees of mortgages involving in part the same real estate. The facts disclose that, on February 14, 1924, William and Zoe Swan (appellants), husband and wife, executed and delivered to Harry B. Allfree the note in suit of $3,500, and secured same by a mortgage on 34% acres of land in Poweshiek County, Iowa. The mortgage was filed for record on March 7, 1924. On March -24, 1924, Allfree assigned this mortgage to the plaintiff Wood, and delivered to Wood the note, mortgage, assignment, and abstract of title. The assignment was filed for…