Gray v. Case

Bird, V. C.

The facts upon which this case is to be determined have been agreed upon by counsel, and are in substance as follows : Adair was the owner of the mortgaged premises in fee simple on the-2d day of March, 1868; on that day he made application to the-commissioners of the sinking fund for a loan of $6,000; on March 20th, 1868, he executed a bond for $6,000, and delivered it to said commissioners, and also a mortgage upon the-premises mentioned in the bill of complaint, to secure the payment of said bond, which said mortgage was recorded on the-28th day of March, 1868, in the clerk’s…