Reed v. Coale

This was a bill in chancery for the foreclosure of a mortgage, brought by the defendants in error against Irvin Reed and others, heirs of Edmund Evans, deceased. The Circuit Court rendered a decree in favor of the complainants for the sum of 1,450 dollars, and, in default of payment, ordered a sale of the mortgaged premises.

The facts alleged in the bill are substantially these:

In 1836 or 1837, Samuel Codie lent to Edmund Evans 1,000 dollars, and a note was executed, payable in one year, with interest at the rate of 10 per cent. The intel’est was regularly paid up to February 29th, 1842, and…