A pledge wherein the profits or income from the property were applied to the payment of the debt secured. See 88 Cal. 437, 22 Am. St. Rep. 314, 13 L. R. A. 137, 26 Pac. 203. See, also, Welsh mortgage.
A pledge wherein the profits or income from the property were applied to the payment of the debt secured. See 88 Cal. 437, 22 Am. St. Rep. 314, 13 L. R. A. 137, 26 Pac. 203. See, also, Welsh mortgage.