Eureka Homestead Soc. v. Newman

The Eureka Homestead Society brought this suit to annul a mortgage, for 84,000, and a pledge of 24 rent notes for 8160 each, on the ground that the transaction was a fraud upon the homestead society, as a creditor of the mortgagor and pledgor, alleged to be insolvent. The suit was brought against the mortgagee and pledgee, Horace H. Newman, and against the mortgagor and pledgor,. Norman F. Dahlman. Louis E. Schwartz also was made a party to the suit because he was the maker of the rent notes, being a tenant in the mortgaged building of Dahlman; but Schwartz afterwards deposited the monthly…