Economy Savings Bank v. Gordon

On July 30th, 1897, Cecil R. Atkinson executed a mortgage upon a warehouse, owned by him, on South Howard .•street, in Baltimore City, to Alphonzo J. Steers, which recited that he was indebted to Steers “ in the full sum of fifteen thousand dollars, payable February 10th, 1898,” and that it was executed to secure the payment of this debt with interest thereon.

The mortgage was in due form, was regularly acknowledged and had attached to it a proper affidavit as to the éona fides of the consideration therein stated, and it was recorded on the day after its date. No note accompanied the mortgage…