Anglo-Californian Bank, Ltd. v. Cerf

This is an action to foreclose as mortgages two certain deeds of conveyance, absolute in form, executed by defendants Moses Cerf, Ernest Cerf, and L. M. Kaiser to defendant Ignatz Steinhart. According to the allegations of the complaint, said deeds, while absolute in form, were in fact executed as mortgages for the sole purpose of securing to plaintiff the .payment of an indebtedness of $34,300, evidenced by certain promissory notes then existing in favor of plaintiff and against the firm of Blochman & Cerf, and of securing the payment of all further advances that might be made by plaintiff…