Shapiro v. Mortgage B. & L. Assn.

Opinion by

Cunningham, J.,

One of the items involved in a settlement made at Commonwealth Title and Trust Company on March 23, 1928, was the payment by plaintiff to defendant of the balance due on a mortgage upon his property in which defendant was the mortgagee. Defendant’s secretary presented a statement claiming $64,698 as such balance; this amount included interest up to April 12, 1928, the date of the “next monthly meeting of the directors” of defendant. Plaintiff, contending that he had a right to “repay a loan at any time,” objected to paying interest beyond the date upon which defendant…