Ephraim V. Metropolitan Trust Co.
By Supreme Court Of California
- Release Date: 1946-09-11
- Genre: Law
Ephraim V. Metropolitan Trust Co. Supreme Court Of California Book Review Score: ★★★★★ 5/5 stars
In 1927, the owners of certain real property in the county of El Dorado conveyed it to Metropolitan Trust Company of California. Three years later, the parties executed a declaration of trust reciting that the trust company held the property as security for the payment of two promissory notes. The successors in interest of the trustors declare that a conveyance made by the trustee, following an asserted default in payment of one of these notes, is invalid, and the appeal is from a judgment based upon an order sustaining demurrers to their complaint with leave to amend.
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