Coughlin v. Guardian Loan Co.

GODFREY, Justice.

Guardian Loan Company, the defendant in this declaratory judgment action, appeals from a summary judgment for the plaintiffs by the Superior Court, Androscoggin County. We affirm the judgment.

From the pleadings, affidavits and documents on file, it must be concluded that the following events occurred:

On May 12, 1961, Johanna Coughlin, then the owner of a house and lot in Auburn, conveyed the legal title to People’s Savings Bank (People’s Bank) by a mortgage that was later recorded.

On December 21, 1962, Margaret Cough-lin, a daughter of Johanna Coughlin, executed a mortgage of…