Bowman v. Clyde

The opinion of the court was delivered by

Mason, J.:

H. M. Clyde was the owner of a quarter section of land in Oklahoma, subject to a mortgage for $500. On *166February 14, 1912, he executed a second mortgage thereon, securing a note for $550. A few days later he made a deed to the land, subject to the two mortgages. On October 23, 1913, Winfield S. Bowman bought the $550 note and mortgage. On October 5, 1914, he bought the land, subject to the two mortgages, for $10, having the deed made to his son, C. A. Bowman, his object being ,to prevent a merger. On December 10, 1914, he executed a quitclaim…