Andrews v. Reidy

The plaintiffs, Charles L. Andrews and Anna L. Andrews, his wife, were the owners of a promissory note for $31,000 secured by a mortgage on real property. They borrowed from a bank the sum of $6,000, and gave said note as security, and made a written assignment to the bank of the mortgage. They defaulted in the payment of their interest on the note to the bank, and the bank instituted foreclosure proceedings on the mortgage. That action proceeded to judgment, and a commissioner was appointed by the court to sell the mortgaged property under the decree of foreclosure. The plaintiffs were…