Belleville Savings Bank v. Reis
Illinois Supreme Court
Appeal from the Appellate Court for the Fourth District;— heard in that court on writ of error to the Circuit Court of St. Clair county; the Hon. Amos Watts, Judge, presiding.
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Appeal from the Appellate Court for the Fourth District;— heard in that court on writ of error to the Circuit Court of St. Clair county; the Hon. Amos Watts, Judge, presiding. This was a bill filed on the sixth day of February, 1884, in the Circuit Court of St. Clair County, to foreclose a mortgage executed on April 6,1874, by Frederick Reis, since deceased, and Susanna Reis, his wife, upon parts of lots 135 and 136 in the original town of Belleville, to the appellant, The Belle-ville Savings Bank, to secure a note of the same date made by said Reis to said Bank for $6000.00, payable in one…
1Opinion of the CourtJustice Magruder
The appellant, being the owner of the first mortgage upon certain property and also of the second mortgage or trust-deed upon the same property, foreclosed the latter by bill in chancery and bought in the equity of redemption. There was no intervening incumbrance. The property was worth more than the amount due on the first mortgage added to the amount of the bid therefor at the foreclosure sale. The sale was made subject to the first mortgage. The debt secured by the first mortgage was over due when the sale under the foreclosure of the trust-deed was made. During fifteen months after the…
2Cases cited3 opinions
- Weiner v. HeintzIllinois Supreme Court · 1855
- Lilly v. PalmerIllinois Supreme Court · 1869
- Biggins v. BrockmanIllinois Supreme Court · 1872
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- University of Illinois YMCA v. SeeberAppellate Court of Illinois · 1992
- Sletten v. First National BankNorth Dakota Supreme Court · 1917
- Board of Trustees of the General Retirement System v. Ren-Cen Indoor Tennis & Racquet ClubMichigan Court of Appeals · 1985
- Harvison v. GriffinNorth Dakota Supreme Court · 1915
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