Bacon v. O'Keefe

Citations

• 13 Wash. 655
• 43 P. 886
• 1896 Wash. LEXIS 110

Syllabus

<p>MORTGAGES—FORECLOSURE—PARTIES—ASSIGNEE OF PRINCIPAL AND INTEREST NOTES.</p> <p>Where a mortgagee, who has assigned the principal and coupon notes secured by the mortgage, with a guaranty of their payment, subsequently brings suit for foreclosure upon default in payment of some of the coupon notes, under a provision of the mortgage allowing foreclosure in case of default in payment of any part of principal or interest, the assignee of the notes is a party in interest and a necessary party to the action.</p>