Essley v. Sloan
Illinois Supreme Court
Appeal from the Appellate Court for the Second District;—• heard in that court on appeal from the Circuit Court of Mercer county; the Hon. George W. Pleasants, Judge, presiding. On the 15th day of January, 1872, Elisha Essley borrowed of John McKinney $2000, giving his note, payable in one year, with interest at ten per cent per annum, and, joined by his wife, executed a trust deed to Isaac N. Bassett, to secure the same.
Read the full summary
Appeal from the Appellate Court for the Second District;—• heard in that court on appeal from the Circuit Court of Mercer county; the Hon. George W. Pleasants, Judge, presiding. On the 15th day of January, 1872, Elisha Essley borrowed of John McKinney $2000, giving his note, payable in one year, with interest at ten per cent per annum, and, joined by his wife, executed a trust deed to Isaac N. Bassett, to secure the same. It was agreed that two per cent additional interest was to be paid by Essley, and for the first year two per cent was deducted from the money received by him, and two…
1Opinion of the CourtJustice Shope
The conveyance made to Drury by appellant Essley, was subject to the incumbrance of the Bassett trust deed, securing the note payable to McKinney, and the deed expressly makes the title conveyed subject thereto. The same is true of the conveyances by Drury to Bigelow, and by Bigelow to appellant Ballard. In the deed from Drury to Bigelow the incumbrance for McKinney’s benefit is stated to be “$2000, with interest paid thereon to January 1, 1879,” and Bigelow took the land subject to the incumbrance and charged with that amount of money. Ballard, under his quitclaim from Bigelow, took the…
2Cases cited2 opinions
- Sands v. . ChurchNew York Court of Appeals · 1852
- Henderson v. BellewIllinois Supreme Court · 1867
3Cited by15 opinions
- Crawford v. NimmonsIllinois Supreme Court · 1899
- Esposti v. Rivers Brothers, Inc.California Supreme Court · 1929
- Skach v. GeeAppellate Court of Illinois · 1985
- Brunswick Realty Co. v. University Inv. Co.Utah Supreme Court · 1913
- Higbee v. Aetna Bldg. & Loan Ass'nSupreme Court of Oklahoma · 1910
10 more not listed; retrieve them via the Exa API.