Middlesex Safe Deposit & Trust Co. v. Jacobs

This action by the Middlesex Safe Deposit & Trust Company, a Massachusetts corporation, against Frankie Jacobs has for its object the foreclosure of a mortgage deed on real estate. The deed was executed by Frankie Jacobs (her former name was Wason), to secure the payment of her promissory note in the principal sum of $3,000 which she executed and gave to one J. A. Coram as payee and which was by the payee, as the complaint alleges, sold, assigned and transferred in writing to the plaintiff bank. For the purpose of securing the payment of this note the defendant made, acknowledged and…