California Court of Appeal December 13, 1945, Civ. 14821 (Berger v. Steiner)

WILSON, J.

This is an action to foreclose a deed of trust on real property executed by Margaret Hitching Perky in favor of respondent Margaret Steiner to secure a promissory note for $10,000. In the circumstances hereinafter related the deed of trust and note were purportedly assigned to plaintiff by Miss Steiner to secure a loan for $3,000.