Walser v. Farmers Trust Co.

Identical questions being involved in both of these cases, they were by consent submitted together, were so considered, and will be passed upon in one opinion.

Plaintiffs in error raise the following questions:(a) Could the L. & B. Holding Company, the corporation from whom J. "William McCarty received title, execute a valid deed before the corporation was legally in existence, and could any such deed be modified by parol evidence or reformed without an action specially for that purpose?(b) Where a grantee assumes a mortgage which is foreclosed, can a personal judgment be awarded against said…