Schuy'l T. Co. v. Sobolewski Et Ux.

Opinion, by

Me. Justice Steen,

Defendants on July 2, 1926, executed a purchase-money mortgage to John and Mary Mieldazis in the principal sum of $15,000 payable within eight years, at least $500 to be paid on account of the principal at each interest-paying period; the interest to be at the rate of six per cent per annum payable semiannually. The mortgage accompanied a bond containing the usual warrant of attorney to enter judgment. By various assignments the bond and mortgage subsequently passed to plaintiffs, who instituted an action of scire facias sur mortgage on May 3, 1932. The case…