Gray v. Haasze

On March 31,1919, the plaintiff was the owner of a second mortgage upon a ranch in Yakima county, Washington, which he had theretofore sold to one Laflin, and on which there was due $4,000. This mortgage was secured by two notes of $2,000 each, one due December 1,1920, and the other December 1', 1921.

On that day plaintiff borrowed from E. J. Haasze, one of the defendants, $1,500, and gave his note for the same amount to J. R. Haasze, Trustee, due January 1, 1921, and as security the two notes aggregating $4,000 above referred to. Tbe notes secured by tbe second mortgage were not paid when…