Gilmour v. Johnson

It is agreed that on February 9, 1912, the defendant owed the plaintiff for money had and received $1,700. On that day, by an instrument under seal delivered to the plaintiff, the defendant acknowledged that he was “duly and justly indebted” to the plaintiff in the sum of $1,700, and at the demand of the plaintiff for security for the payment of the debt assigned to him his interest in a certain mortgage, in the terms which follow: “I do hereby assign all of my right, title and interest in and to the said mortgage [a description follows], to said William Gilmour [the plaintiff], to hold by…