Placerville Gold Mining Co. v. Beal

This is an appeal from a judgment foreclosing a mortgage. The mortgage was executed by defendant C. N. Beal to the El Dorado Water and Deep Gravel Mining Company (a corporation), hereinafter designated the El Dorado Company, to secure the payment of three notes in . the sums of forty thousand dollars, forty thousand dollars, and forty-two thousand five hundred dollars, respectively. The mortgagee transferred all of its interest in the notes and mortgage to the plaintiff. Beal conveyed the mortgaged property to defendant Sierra Water Supply Company, hereinafter designated the Sierra Company,…