Bonde v. Stern

Morris, Ch. J.

(dissenting). This is an action brought by some 30 named plaintiffs “for themselves and for all others similarly interested” to recover several separate and individual judgments against the de fendants. The complaint sets forth the execution of a trust deed on certain real property for the purpose of securing 90 negotiable bonds all of which were sold to individuals but only 18 were paid. The defendants who executed the bonds and trust deed defaulted. The defendants and the trustee under the trust deed then entered into an agreement, a copy of which is attached to the complaint…