Madore v. Thompson

Lawrence F. Shaffer was the owner of improved real estate on Cumberland Street in Cumberland, Maryland, upon which a certain Mary E. Crown and Annie R. Oliver held a first mortgage lien given on October 4th, 1918, to secure an indebtedness of that date for $3,900; and upon which the appellant, L. Clark Madore, held a second mortgage lien to secure the payment to him of the mortgagor’s promissory note dated September 24th, 1920, for the sum of $3,500. The first mortgage lien was foreclosed. The property was sold on November 30th, 1927, for the sum of $8,750. The appellant as second mortgagee…