Miller v. Geranios

November 13, 1947, John Geranios and Nita Geranios, his wife, mortgaged their residence property to a savings and loan association as security for a loan in the amount of ten thousand dollars. July 24, 1951, the association assigned its note and mortgage to George Gibson and Diki Gibson, his wife. In a divorce decree entered January 28, 1954, the mortgage and note were awarded to Diki Gibson as her sole and separate property.

October 27, 1949, the Peter Pan Baking Company had obtained a judgment against John and Nita Geranios in the sum of $1,689.98. After an execution sale, the company…