Bank of America v. Sanchez

WILLIS, J., pro tem.

Appellant, plaintiff below, as successor in interest of First National Trust & Savings Bank of Whittier, sued to recover a deficiency on a note, after sale under the trust deed securing the same. The defendant makers were husband and wife, and the property described in the trust deed was found by the trial court to be separate property of the husband. The note in question was given in 1928 to the Whittier bank in the sum of $25,600, on the husband’s application for a loan, to liquidate previous indebtedness of the husband' to that bank, $12,500 of which was evidenced by…