Rosenbloom v. Kaplan

This is a bill in equity to compel the defendant to cancel and surrender a note, and to discharge a mortgage of $1,050 securing said note, given by the plaintiffs to the defendant, on two grounds: (1) that the note and mortgage were obtained by the defendant by duress on the plaintiff Price, and (2) that there was no consideration for the note and mortgage. The defendant’s answer denies that there was any duress, or that there was any lack of consideration for said note and mortgage; it sets up loches on the part of the plaintiffs, and ratification of the note and mortgage by reason of the…