Morris v. Bacon
Massachusetts Supreme Judicial Court
Bill in equity by Nathan Morris and the Tremont National Bank of Boston against Josiah Bacon, for the assignment to the bank of a mortgage made by Morris to Abraham Jackson. Hearing upon the pleadings and proofs before Bevens, J., who made a decree for the bank, from which the defendant appealed. The facts appear in thé opinion.
1Opinion of the CourtLord, J.
On April 1, 1870, the plaintiff Morris made a promissory note for the sum of $4000, payable to the order of Abraham Jackson in five years from that date, and executed a mortgage at the same time of certain land in Boston to Jackson, to secure the payment of the note, and delivered both note and mortgage to Jackson, who caused the mortgage to be recorded on April 5, 1870. On or about October 21, 1872, Jackson indorsed the note to the Tremont National Bank as collateral security for a loan to a larger amount, made at that time by the bank to him, stating at the time that the note, which upon…
2Cited by26 opinions
- Eaton v. Federal National Mortgage Ass'nMassachusetts Supreme Judicial Court · 2012
- Culhane v. Aurora Loan Services of NebrasCourt of Appeals for the First Circuit · 2013
- Quaranto v. SilvermanMassachusetts Supreme Judicial Court · 1963
- Barnes v. BoardmanMassachusetts Supreme Judicial Court · 1889
- Lamson & Co. v. AbramsMassachusetts Supreme Judicial Court · 1940
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