Creed v. McCombs

Action to quiet title. The defendant Security Loan and Trust Company of Southern California filed its separate answer to the complaint claiming an interest in the property in question as owner and holder, by assignment of certain street-assessment bonds issued against said property. The other defendants defaulted. The judgment was in favor of the defendant answering, and declares the validity of the bonds and that they constitute a lien upon the said property. The plaintiffs appeal from the judgment.

The case was tried upon an agreed statement from which we glean the following: The plaintiffs…