Elkind v. Pinkerton

The plaintiff was the holder of a second mortgage on real estate in Sharon, subject to a first mortgage held by the defendant Sharon Co-operative Bank, hereinafter called the bank. The equity of redemption was owned by the defendant Jeanie Pinkerton. On December 27, 1933, the bank foreclosed its first mortgage for nonpayment of monthly instalments required by the terms of the mortgage note. At the foreclosure sale the property was bid in for the defendant Evelyn P. Pinkerton, the daughter of the defendant Jeanie Pinkerton, and was deeded by the bank to said Evelyn P. Pinkerton. She at once…