Campe v. City of Chicago

This is an ’appeal by several parties, having separate interests, but depending upon the same questions, and no objection is made that they have joined on one record.

April 1, 1848, the city conveyed to Orrington Lunt the west half of lot 24 and east three-quarters of lot 25, called wharfing lots. On each of the five quarters thus conveyed, Lunt gave back to the city a mortgage for $1,000, bearing interest at six per cent per annum, payable quarter-yearly on the first days of May, August, November and February, until principal and interest should be paid. The mortgages provided that so long as…