Costello v. Meade

A satisfaction-piece of the mortgage purporting to be executed by the mortgagee, the execution of which was acknowledged before .a proper officer, was duly filed in the register’s office on the 6th February, 1872, and the mortgage was marked satisfied on the record.

Afterwards, and on the 19th day of March, 1872, the mortgage was assigned by the mortgagee to the plaintiff for a valuable consideration, the assignees having no actual notice of the satisfaction on the record.

The defendant Meade afterwards purchased the mortgaged premises for a valuable consideration in good faith, believing from…