Cashion v. Bank of Arizona

The latter part of 1922, Angus Cashion, Sidney P. Osborn, Cecil D. Boyce, and M. M. Osborn were the owners of about 700 or 800 acres of Maricopa county farm lands upon which were two mortgages, one for $57,000 dated March 1, 1922, to the Federal Farm Land Bank of Berkeley, California, and another for $47,000 dated May 22, 1922, to W. J. Kingsbury. The latter on June 12, 1922, was assigned by Kingsbury to Leo Goldman, who has since been its owner.

On December 27, 1922, the owners of the premises leased them to the Kyrene Farms Company for a term beginning January 1, 1923, and ending January 15,…