Neville v. Demeritt
New Jersey Court of Chancery
Bill for foreclosure, filed April 3, 1838, stated, that the defendants, Albert C. Demeritt and wife, on the first day of October, 1836, executed to Horace H. Ladd a bond and mortgage to secure the payment of eight thousand dollars, in one year from the date thereof, with interest.
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Bill for foreclosure, filed April 3, 1838, stated, that the defendants, Albert C. Demeritt and wife, on the first day of October, 1836, executed to Horace H. Ladd a bond and mortgage to secure the payment of eight thousand dollars, in one year from the date thereof, with interest. The mortgage was upon a house and lot in the city of Newark, aud was acknowledged on the 28th day of October, 1836. That the moilgagee, Horace H. Ladd, on the 28th day of November, 1836, assigned the said bond and mortgage to the complainant. That the assignment of the mortgage was duly acknowledged, and was…
1Opinion of the Court
The Chancellor.
On the 1st of October, 1836, Albert C. Demeritt and his wife executed to Horace H. Ladd a mortgage on a house and lot of land in the city of Newark, to secure the payment of a bond for eight thousand dollars, in one year from the date thereof. This bond and mortgage, on the 28th of November following their date, were assigned by Ladd to the complainant. The object of the bill is to procure the foreclosure and sale of the premises contained in ■ the mortgage, to satisfy the-amount due thereon. No question is made respecting this mortgage ; but the controversy arises upon a…
2Cases cited1 opinion
- Whipple v. Lansing & Van RensselaerNew York Court of Chancery · 1818
3Cited by1 opinion
- Barry, Inc. v. Baf, LimitedNew Jersey Superior Court Appellate Division · 1949