The Grange Trust Co. v. Shade

Opinion by

Gawthrop, J.,

On September 27, 1919; Edward P. Shade conveyed to his son, George W. Shade, one of appellees, a farm in Huntingdon County, took from him a purchase money mortgage for $1,750, and forthwith recorded it in that county. On August 15,1921, George W. Shade, by deed of general warranty, conveyed this farm to Charles L. McCoy, for the consideration of $3,500. $1,750 of the consideration was paid by McCoy and the balance thereof was covered by his assumption of the mortgage above mentioned which, by agreement of the parties, was to remain a lien upon the land. No mention of…