Trio Realty Co. v. Queenan

STANLEY, Commissioner.

This declaratory judgment action is to have the court construe a statute relating to Rie recording of mortgages. The clerk of the- Jefferson County Court declined to record a mortgage because it did not state the date ’and the maturity of the obligation secured. The judgment declared the clerk’s action to have been proper.

The mortgage, dated October 14, 1960, is by, Operating Enterprises, Inc., to Trio Realty Cpmpany, Inc. Certain real estate is mortgaged in consideration of the second party lending the mortgagor “sums of money from time to time and to secure and,…