Beacham and Cowan v. Carr and Danner

H. E. Beacham and Frank Cowan and wife, Catherine Cowan, brought their bill in equity against J. A. Carr and G. A. Danner to remove cloud from title to certain land and to cancel a mortgage thereon.

The bill of complaint alleged substantially that prior to April 18, 1927, H. E. Beacham made application to J. A. Carr for a loan of $3,000.00, offering as security therefor a mortgage on the “west half of lot 2 in block 32” in West Palm Beach, the property of Frank Cowan; and J. A Carr agreed to lend H. E. Beacham $3,000.00 at 8% interest for three years on this security, but demanded in addition…