Legal Opinion

Lathrop v. Carrol

Appellate Court of Illinois

Decided June 2, 1910No. Gen. No. 15,136Published

Foreclosure. Appeal from the Superior Court of Cook county;, the Hon. Fablin ,Q. Ball, Judge, presiding. Heard in this court at the October term, 1908. Certiorari denied by Supreme Court (making opinion final).

1Opinion of the CourtJustice Freeman

The defendant, appellant herein, encumbered certain described property by a trust deed to Baird and Brad- „ ley of Chicago to secure a note for $1,500 dated August 1, 1892, payable in five years with interest at six per cent' evidenced by ten coupon notes. The principal note contained a clause as follows: “And if the time for the payment of the principal sum shall be extended the provisions of said note shall continue in force during the period of such extension and until the sums hereby secured are fully paid.” Subsequently September 27,1893, a second mortgage was executed to another party…

2Cases cited2 opinions

  1. Schifferstein v. AllisonIllinois Supreme Court · 1888
  2. Bowles v. KeatorAppellate Court of Illinois · 1893

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