Coughlin v. Kennedy

On June 24th, 1924, Mary E. Kennedy, a widow, owned two lots in the Borough of Maywood, Bergen County, on which were erected a dwelling house and garage. On said date she gave a bond secured by a mortgage in the sum of $3,000 to the Peoples Trust and Guaranty Company of Bergen County (now Peoples Trust Company of Bergen County). The mortgage bore interest at six per cent. and was to be amortized by semi-annual payments of $175 each.

Later Mrs. Kennedy married Thomas F. Coughlin, the complainant herein. She died about November 12th, 1936, testate. By her will she devised the real estate, above…