Lee v. Beagell

A somewhat novel situation is presented in this action to redeem mortgaged premises. It seems that in 1936 the plaintiff, for a valuable consideration, purchased the property involved from the defendants Theodore and Florence Beagell. The plaintiff received a warranty deed and entered into possession. The deed, however, was not recorded. Some three years later, on March 18, 1939, the plaintiff borrowed fifty dollars from Mr. Beagell, which she agreed to repay in weekly installments of two dollars and fifty cents, together with interest at six per cent, and as security for the loan she…