Quackenbush v. Wheaton

This action is brought to foreclose a mortgage on real property made by the defendant Esther A. Wheaton to the American Mortgage Company and by it assigned to John McGovern, who in turn assigned it to the plaintiff in this action. The defendant Shepherd, the present owner of the equity of redemption of the mortgaged premises, interposes the defense that, during the time when the said McGovern was the holder and owner of the bond and mortgage in suit, the time for the payment of said mortgaged debt was extended for one year, from March 16, 1904, for a valuable consideration. The foreclosure is…