In re Ryan

James G. Dillon, the owner of real property in the city of Cortland, N. Y., executed, at various times, four separate mortgages upon the same. The first of these mortgages was assigned by the mortgagee to the appellant, Louise B. Dillon, the sister of James G. Dillon. The second and third mortgages were given directly to Louise B. Dillon. The fourth mortgage-was given to the respondent, Elijah B. Ryan. Thereafter James: G. Dillon sold the real property to Phoebe A. Brown, from, whom he received a purchase-money mortgage. Shortly after this sale, Louise Dillon commenced an action to foreclose…