Adams v. Satterberg

BRINCK, Commissioner.

On February 4, 1921, Sarah M. Smith sold to plaintiff, J. K. Yaught, certain land in Camas county for the sum of $3,500, for the payment of which Yaught gave to her two notes for $500 each and one note for $2,500, the latter becoming due on November 1, 1924; and as security for the payment of said notes executed to her a mortgage upon the premises so purchased. Mrs. Smith never recorded this mortgage. On March 14, 1921, Yaught sold and conveyed the premises to the defendant, Arvid Satterberg, and as part of the purchase price received from Satterberg the latter’s…