Slee v. President & Directors of the Manhattan Co.
New York Court of Chancery
On the 4th of February, 1814, Slee, the appellant, sold to Frear and Hallowell a house and lot in Poughkeepsie, for $5,000, of which sum they paid down $1,000, and gave him their bond and mortgage on the premises for $4,000, and interest after the 1st of May, 1814, to be paid in four equal annual payments from the last mentioned day, and the interest on the whole sum to be paid annually.
Read the full summary
On the 4th of February, 1814, Slee, the appellant, sold to Frear and Hallowell a house and lot in Poughkeepsie, for $5,000, of which sum they paid down $1,000, and gave him their bond and mortgage on the premises for $4,000, and interest after the 1st of May, 1814, to be paid in four equal annual payments from the last mentioned day, and the interest on the whole sum to be paid annually. The mortgage contained the usual power of sale, if default should be made in the payments, or any part thereof, at the times agreed upon. Frear and Hallowell paid the interest on the mortgage up to May, 1816.…
1Opinion of the Court
The Chancellor: In the opinion of Judge Emott, which is sent up with the other proceedings, agreeably to the rule of this court, he has examined the several questions raised before him with much learning and ability, and at great length. I regret that the business of this court will not allow me as much time to examine some of these questions as I could wish, especially as on the merits of this case, he has come to a conclusion directly contrary to that of his predecessor, whose opinions are also entitled to great respect, particularly on a question of Chancery law.
One objection, which from…
2Cases cited9 opinions
- Hunt v. RhodesSupreme Court of the United States · 1828
- Hughes v. EdwardsSupreme Court of the United States · 1824
- Watkins v. Stockett's Adm'rCourt of Appeals of Maryland · 1825
- English v. LaneSupreme Court of Alabama · 1835
- Inhabitants of Reading v. Inhabitants of WestonSupreme Court of Connecticut · 1830
4 more not listed; retrieve them via the Exa API.
3Cited by57 opinions
- Brenda Joyce Northrip v. Federal National Mortgage AssociationCourt of Appeals for the Sixth Circuit · 1975
- McGuire v. Van PeltSupreme Court of Alabama · 1876
- Grattan v. WigginsCalifornia Supreme Court · 1863
- Pedro and Olga A. Barrera v. Security Building & Investment CorporationCourt of Appeals for the Fifth Circuit · 1975
- Walton v. Cronly's AdministratorNew York Supreme Court · 1835
52 more not listed; retrieve them via the Exa API.