Fuller v. Kane
Michigan Supreme Court
Error to "Wayne; Hosmer, J. Assumpsit by Mary E. Fuller, trasteé, against Edward E. Kane, on a promissory note. From a judgment for defendant on verdict directed by the court, plaintiff brings error.
1Opinion of the CourtMontgomery, J.
Prior to 1891, mortgages were assessed against the mortgagee, and the real estate was assessed against the owner. By the act of 1891, the legislature provided for the assessment of moi’tgages as an interest in lands, and relieved the mortgagor from taxation upon so much of his property as the mortgagee’s interest represented. Prior to the enactment of this law, in October, 1889, the defendant executed a mortgage, with a condition to “pay and discharge, or cause to be *550paid, within the time prescribed by law, all such taxes and assessments as shall by any lawful authority, while the money…
2Cases cited1 opinion
- Hammond v. LovellMassachusetts Supreme Judicial Court · 1883
3Cited by3 opinions
- Equitable Building & Loan Ass'n v. WolfangleCalifornia Court of Appeal · 1931
- Mouch v. Indiana Rolling Mill Co.Indiana Court of Appeals · 1926
- Ward v. Union Trust Co.Appellate Division of the Supreme Court of the State of New York · 1916