Hellier v. Russell

GRAY, C.

Defendants appeal from a judgment in plaintiff’s favor. This action was brought to foreclose a mortgage securing a note reading as follows:—

“San Francisco, November 24, 1891. On the 24th day of November, 1892, for value received, we jointly and severally, promise to pay to the order of Michael J. Beilley the sum of one thousand dollars, with interest monthly in advance, at the rate of one per cent per month, and to compound monthly if not so paid,” etc.

The complaint in the action was filed and suit begun on November 13, 1896; and in said complaint it is alleged that the defendants…