Boynton v. Remson

The farm of Charles E. Bemson, containing about three hundred acres of land and situated near Annapolis was subject in 1915 to a mortgage for $25,000. Interest on the mortgage debt and taxes on the property being in arrears to the amount of about $1,500. Mr. Bemson borrowed the money to meet those charges from Mr. G. Clifton Sunder-land, of Annapolis. In order to obtain the sum required Mr. Bemson gave his promissory note to Mr. Sunderland for $2,500 secured by a second mortgage on the farm, and the note and mortgage were used by Mr. Sunderland as collateral security for a loan to himself of…