Walch v. Beck

On October 18, 1927, Catherine A. McMillan mortgaged to plaintiff-appellant, William Walch, Lots 1 to 4, Block 36, Railroad Addition to Mason City, to secure a note for $600 due October 18,1932. On April 8,1930, the same owner also mortgaged to appellant Lots 1 and 2 to secure a note for $400 due April 9, 1932. Both mortgages were duly recorded. When each mortgage was made a house stood upon Lots 1 and 2. Upon the death of the mortgagor in 1931, a son, H. L. McMillan of Minneapolis, became the owner of the mortgaged premises.

In the fall of 1931 E. F. Graham, appellee, not knowing the property…