Ziegler v. Elliott Camp Corp.

This is an action in foreclosure. The facts are very complicated.

*607On September 8, 1937, the Glens Falls National Bank and Trust Company deeded to the Elliott Camp Corp., which deed was recorded on September 24, 1937, a parcel of land used as a children’s camp on Schroon Lake in Essex County. At the time of the execution and. delivery of the deed Elliott Camp Corp. gave the bank a first mortgage on the property in the sum of $21,000. This mortgage was recorded in the Essex County Clerk’s office on September 24,1937. Under date of November 1,1937, Elliott Camp Corp. gave a second mortgage on the…