Lawton v. St. Paul Permanent Loan Co.
Supreme Court of Minnesota
Appeal by defendant, tlie St. Paul Permanent Loan Company, a. corporation, from a judgment of tbe District Court of Ramsey County, John W. Willis, J., entered August 9,1893, against it for '$545.06* On August 1, 1891, defendant loaned to Peter La Croix $2,000 and', took from Mm and wife a bond and mortgage securing repayment.. It retained $500 of tbe money and gave La Croix the instrument: set out in the opinion.
Read the full summary
Appeal by defendant, tlie St. Paul Permanent Loan Company, a. corporation, from a judgment of tbe District Court of Ramsey County, John W. Willis, J., entered August 9,1893, against it for '$545.06* On August 1, 1891, defendant loaned to Peter La Croix $2,000 and', took from Mm and wife a bond and mortgage securing repayment.. It retained $500 of tbe money and gave La Croix the instrument: set out in the opinion. La Croix at the same time agreed with the' plaintiffs, A. M. Lawton and Henry C. James, that his claim to this-$500 should go to them in part payment for real estate he bought of'…
1Opinion of the CourtMitchell, J.
The defendant made a loan to one La Croix of $2,000, and took as security therefor from him a mortgage, with covenants of title. There being certain city assessments or tax titles on part of the mortgaged premises, defendant and La Croix, as part of the same transaction, executed the following written agreement: Exhibit C:
“Whereas, the St. Paul Permanent Loan Company has made a loan of two thousand dollars to Peter La Croix, and has taken as security therefor from said La Croix and ivife a mortgage upon the west half of lot fourteen, in block seven, of Marshall’s addition to West St. Paul,…
2Cases cited4 opinions
- Minneapolis, St. Paul & Sault Ste. Marie Ry. Co. v. Home Ins.Supreme Court of Minnesota · 1893
- American Building & Loan Ass'n v. WaleenSupreme Court of Minnesota · 1892
- Sayre v. BurdickSupreme Court of Minnesota · 1891
- Stevens v. ChurchSupreme Court of Connecticut · 1874
3Cited by10 opinions
- Security Bank v. HolmesSupreme Court of Minnesota · 1896
- Housing & Redevelopment Authority v. First Avenue Realty Company, Inc.Supreme Court of Minnesota · 1965
- Allis v. FoleySupreme Court of Minnesota · 1914
- Martin v. SetterSupreme Court of Minnesota · 1931
- Minneapolis Investment Co. v. National Security Investment Co.Supreme Court of Minnesota · 1929
5 more not listed; retrieve them via the Exa API.