Rashford v. Ridgefield State Bank
Rashford v. Ridgefield State Bank
Opinion of the Court
The purpose of this action was to have a real estate mortgage declared a prior and superior lien, and for the foreclosure of the same. The defendants named in the
From the facts stated in the complaint, it appears that, on September SO, 1912, John J. Erickson and wife mortgaged a certain lot or tract of ground, in the town of LaCenter, to the appellant. This mortgage was filed for record in the auditor’s office of Clarke county on the 2d day of October, 1912. Prior to the giving of the appellant’s mortgage, and on the 24th day of January, 1911, the Ericksons had mortgaged the same property, as described therein, to the Ridge-field State Bank. The latter mortgage was recorded on the SOth day of January, 1911. The mortgage was made to the Ridgefield State Bank in trust, and it is alleged that the actual owner of that mortgage was the Henry Weinhard Brewery, of Portland, Oregon. This brewery was engaged in the manufacture of fermented and malt intoxicating liquors, and selling the same in quantities of five gallons or more. At the time both of the mortgages mentioned were given, the premises described therein were occupied as a retail liquor store. The respondents here are the Ridgefield State Bank and the successors in interest of the Henry Weinhard Brewery. There is no allegation in the complaint that the Erick-sons, at the time the mortgage was executed and delivered to the Ridgefield State Bank, were engaged in conducting the retail liquor store in the building which had been erected upon the lot covered by the mortgage.
The sole question for determination is whether , the mortgage to the Ridgefield State Bank, as mortgagee in trust, was prohibited by chapter 84 of the Laws of 1909, p. 182, Rem. Code, § 6282, wherein it is provided that a manufacturer of or wholesale dealer in intoxicating liquors shall not own or have “any interest in the liquor, • stock, fixtures, or equip
The judgment will be affirmed.
Morris, C. J., Chadwick, Parker, and Ellis, JJ., concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.