Magnus Beck Brewing Co. v. Setel

Charles B.

Wheeler, Official Referee. TMs action is brought to foreclose a mortgage given by the defendant Philip Setel to the plaintiff dated April 25, 1920. The plaintiff in its complaint asks for a personal judgment against the defendant Philip Setel for any deficiency wMch may arise on the sale of the property.

The defendant Philip Setel by answer alleges that he has been released from any personal liability on the bond and mortgage in question by reason of the facts hereinafter stated. This is the oMy issue litigated m tMs action. The bond and mortgage given bore interest at the rate of…