Schwulst Gerling Co. v. Frost

The original bill of complaint in this case was filed October 21, 1931, by Bruce Morgan et al., to foreclose a trust deed in the nature of a mortgage. The trust deed was executed October 15, 1930, by Floyd C. Ham-man, and his wife, to C. F. Sldllman, trustee, to secure the payment of $6,000, evidenced by 11 promissory notes. Bruce Morgan and the other complainants in the original bill are the owners of $4,800 worth of said notes. The remainder of the notes are not outstanding. '

The trust deed to Sldllman is subject to the prior and superior lien of another trust deed to J. B. Murphy, trustee,…