Stuyvesant Security Co. v. Dreyer

This bill is filed to redeem a small tract of land from the lien of a mortgage held by the defendant Dreyer, who, by counter-claim, seeks to foreclose the mortgage against the parcel of land in question. The mortgage was originally in the sum of $5,400, but has been reduced to the sum of $2,300, certain portions of the mortgaged premises having been released upon such reduction. The mortgage came into the hands of Harry T. Mattice, as his wife's administrator, and he threatened foreclosure. To obviate such proceedings the complainant, the mortgagor, conveyed all of the remaining mortgaged…