Denny v. Seeley
Oregon Supreme Court
From Clatsop : Thos. A. McBride, Judge. Suit by O. N. Denny, as receiver of the Portland Savings Bank, against E. A. Seeley and others to foreclose a mortgage. From a decree for plaintiff, part of the defendants appeal.
1Opinion of the CourtJustice Moore
This is a suit to foreclose a deed intended as an equitable mortgage. The transcript shows that E. A. Seeley, L. B. Seeley, and James Means purchased for the sum of $26,000 a tract of land in Clatsop County, and had it conveyed to H. C. Stratton, in trust to secure the payment of a promissory note executed by E. A. and L. B. Seeley to the Portland Savings Bank for the sum of $16,000 and interest. As additional security therefor, and in pursuance of an agreement with Means, L. B. Seeley pledged to the bank fifty shares of the capital stock of the Willamette Falls Electric Light Company, of the…
2Cases cited32 opinions
- Magee v. Manhattan Life InsuranceSupreme Court of the United States · 1876
- Barnes v. . MottNew York Court of Appeals · 1876
- Bull v. CoeCalifornia Supreme Court · 1888
- Lewis v. . PalmerNew York Court of Appeals · 1863
- Neff's AppealSupreme Court of Pennsylvania · 1845
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3Cited by4 opinions
- Hoffman v. HabighorstOregon Supreme Court · 1901
- White v. SavageOregon Supreme Court · 1906
- EQUITABLE SAVINGS & LOAN ASSOCIATION v. JonesOregon Supreme Court · 1974
- Southern Trust Co. v. VaughnCourt of Appeals for the Eighth Circuit · 1921