Scottish-American Mortgage Co. v. King Lumber & Oil Co.

Certain persons conveyed to tlie Scottish-American Mortgage Company Limited a tract of land to secure a debt. The deed showed that contemporaneously with the signing thereof the mortgage company executed to the makers of the deed a bond for title conditioned to reconvey the title to said property to them upon the payment of the debt to secure which tlie .deed was executed. The Scottish-American Mortgage Company Limited brought suit against King Lumber Company, alleging that King Lumber Company entered upon said lands without its knowledge and consent and with full knowledge of its title, and…