California Joint Stock Land Bank v. Gore

The defendants, W. H. Gore and Sophenia J. Ish Gore, are husband and wife and together they owned and operated a farm in Jackson county, each individually holding title to a different portion thereof in severalty. On May 2, 1927, they borrowed from plaintiff the sum of $66,000, and jointly executed two promissory notes, each for the sum of $33,000. To secure the payment thereof, they jointly executed two mortgages, giving, as security for the payment of one of said notes, that part of the land held by W. H. Gore and, as security for the other, that part held by Mrs. Gore. They failed to pay…