New York Chemical Manufacturing Co. v. Peck
New Jersey Court of Chancery
The bill in this case, filed January 18, 1843, is for the foreclosure of a mortgage, dated March 18, 1830, given by A. Peck to Samuel Condit, to secure the payment of a promisory note, of the samo date, given by Peek to Condit, payable on demand, for $1500, with interest.
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The bill in this case, filed January 18, 1843, is for the foreclosure of a mortgage, dated March 18, 1830, given by A. Peck to Samuel Condit, to secure the payment of a promisory note, of the samo date, given by Peek to Condit, payable on demand, for $1500, with interest. The bill states that on the 20th September, 1842, Condit,- by an assignment endorsed on the mortgage,. for a valuable consideration to him paid by the complainant?, assigned to them the mortgage and the note referred to therein. That the complainants have heard and believe it to be true, that Peck, on or about May 1, 1830,…
1Opinion of the Court
The Chancellor.
On the 18th March, 1830, Aaron Peck gave his note, of that date, to Samuel Condit, for $1500 payable on demand, with interest; and, to secure the payment of it, executed and delivered to Samuel Condit a mortgage, of the *42same date, on a tract of land in Orange. On the 1st May, 1830, A. Peck executed and delivered to Samuel M. Dodd a mortgage to secure the payment of a note given by Peck to Dodd, for $2400, payable to Peck or order, on demand, with interest. This second mortgage covered the tract contained in the first mortgage and another tract of land. On the 15th February,…
2Cited by1 opinion
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