Baumgard v. Bowman, Trustee

Edward V. Baumgard, by a creditor’s bill, pleaded that he had recovered judgments against the American Indian Oil Company, and asked that the property of that company be sold and the proceeds distributed among the lienholders. Thereafter R. L. Bowman, as trustee, filed a cross-petition, setting up a mortgage held by him as trustee on the property of the American Indian Oil Company, and asked foreclosure of that mortgage. Later B. H. Beardsmore came into the case, and, by way of cross-petition, pleaded that Bowman, as trustee, under his mortgage deed, with the consent of the mortgagor, took…