Colton v. Depew

Stevens, V. C.

This is a suit brought to foreclose a. mortgage. The statute of limitations is set up as a bar to recovery. The facts are these: On January 3d, 1863, Nathaniel Dole mortgaged land in Weehawken to William W. Niles to secure his bond of $17,000. The principal sum was payable with interest on January 3d,. 1864. Niles, by deed of assignment dated on the same day, assigned to Jane Van Horn, whose surviving executor, on September 29th, 1882, assigned to complainant. The land mortgaged was conveyed by Dole, the mortgagor, to Delacroix, who, on December 31st, 1870, conveyed to the…