Goodhart v. Street

The action was in. ejectment. The plaintiff claimed a title and possession earlier than the time of the giving of two mortgages to the loan commissioners of the United States. But her grantor, Rosa Elsas, had given to the commissioners the *389two mortgages, and had conveyed to the plaintiff the premises subject to the mortgages. On 1st October there was a default of payment of interest, which continued for twenty-one days thereafter. Thereupon, by statute (Loan Commissioners’ Act; laws 1837, chap. 150, § 30), the commissioners “ were seized of an absolute and indefeasible estate in fee in said…