Biddle Purchasing Co. v. Port Townsend Steel Wire & Nail Co.

The opinion of the court was delivered by

Reavis, J.

A suit was commenced by Cyrus F. Clapp, assignor of the Biddle Purchasing Company, against the Port Townsend Steel Wire and Nail Company, a corporation, to foreclose a mortgage to secure a demand note for $5,000, both the note and mortgage having been executed on the 29th of September, 1894. Plaintiff also made the First National Bank of Athena, Oregon, L. D. Lively, trustee of the same bank, L. D. Lively, personally, and the First National Bank of Port Townsend, defendants, because of liens claimed by the defendants upon the property…