Seligman v. Laubheimer

The facts of this case are as follows: Defendants in error, on the same day, executed two mortgages, on the same real estate —one to plaintiff in error, and the other to one Saltgenstein. The former was recorded one day before the latter. In 1869, a hill was filed to foreclose the first mortgage, and the mortgagors and Saltgenstein were made parties. A decree was rendered, giving to plaintiff in error a first lien on the property, to secure the payment of $2,445.05, and to Saltgenstein the second lien, and finding as due to him, the sum of $1,111.35.

On the 19th of January, 1870, the master…