Trustees of the Old Alms-House Farm v. Smith
Supreme Court of Connecticut
Action on a promissory note; brought to the Superior Court. Defense, statute of limitations. Facts found and case reserved for advice. The case is sufficiently stated in the opinion.
1Opinion of the CourtPark, C. J.
On the first day of September, 1868, the defendant purchased of the plaintiffs two separate tracts of land, and in part payment therefor gave the plaintiffs a negotiable promissory note for the sum of $2,850, on demand, with interest payable semi-annually. On the same day the defendant mortgaged both tracts of land to the plaintiffs to secure the note.
*435During the months of September and November of the same year the defendant paid the plaintiffs $1350 on the principal of the note and the plaintiffs shortly afterwards gave him a quitclaim deed of one of the tracts.
The equity of redemption in…
2Cases cited2 opinions
- Butler v. PriceMassachusetts Supreme Judicial Court · 1864
- Seymour v. Continental Life InsuranceSupreme Court of Connecticut · 1877
3Cited by23 opinions
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- Broadway Bank & Trust Co. v. LongleySupreme Court of Connecticut · 1933
- Kaiser v. IdlemanOregon Supreme Court · 1910
- Turner v. PowellMontana Supreme Court · 1929
- Biddle v. PughNew Jersey Court of Chancery · 1900
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