Bormann v. Hatfield

Citations

• 96 Wash. 270
• 164 P. 921
• 1917 Wash. LEXIS 902

Syllabus

<p>Mortgages — Release Induced by Fraud — Reinstatement—Priority. Where a first mortgage is released and a new one taken as a substitute, upon the false representation of the mortgagor that there are no intervening liens, and in ignorance of a second mortgage duly recorded, equity will, in the absence of laches, restore the lien of the first mortgage and give it priority, where the holder of the second mortgage is not thereby prejudiced.</p>