Liebl v. Schaeffer

This action was brought for the purpose of foreclosing a real estate mortgage. The defense was the statute of limitations. The trial court sustained the right of foreclosure, and the defendants W. Gf. Boland and wife appeal.

The facts essential to be stated are these. On October 11,1912, Fred Schaeffer and wife were the owners of certain real estate’ in Yakima county, and on that date executed a mortgage upon the same to secure the payment of a $4,000 promissory note. On December 12, 1918, the note and mortgage were transferred to the respondent in this case. On February 19, 1915, the property…