Mutual Savings & Loan Ass'n v. Johnson

This is a consolidation of two pending actions made before trial. After trial on the merits, a decree was entered fixing the priorities of the several parties in and to a certain fund which had been realT ized by a receiver’s sale of the property upon which originally the several mortgages and liens had been operative.

On this appeal, the question of priorities is alone presented.

■ While there is little dispute as to the facts, yet we find some difficulty in avoiding confusion and making a statement which will clearly present the situation of the contending parties. Perhaps the following will…