Legal Opinion

Sargent v. Howe

Illinois Supreme Court

Decided January 15, 1859PublishedCited by 22 opinions

Complainant, who is plaintiff in error, filed his bill in chancery in the St. Clair Circuit Court, alleging that Howe executed to Morgan three notes, two for ' $500.00 each, and one for $1000.00, payable, the first in nine, the second in fifteen, and ■the third in twenty-four months, from date,and dated March 28th, 1857, together with a deed of trust to Seaman, in the usual form, to secure the payment of the notes, with power to sell in case either note was not paid—that…

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Complainant, who is plaintiff in error, filed his bill in chancery in the St. Clair Circuit Court, alleging that Howe executed to Morgan three notes, two for ' $500.00 each, and one for $1000.00, payable, the first in nine, the second in fifteen, and ■the third in twenty-four months, from date,and dated March 28th, 1857, together with a deed of trust to Seaman, in the usual form, to secure the payment of the notes, with power to sell in case either note was not paid—that Seaman accepted the trust —that Howe is insolvent—that the first two notes were assigned by Morgan to complainant—that…

1Opinion of the CourtWalker, J.

The bill in this case alleges that Howe executed to Morgan, his three several promissory notes, the first for $500, due in nine months, the second for $500, due in fifteen months, and the third for $1000, due in twenty-four months, and each dated on the 28th day of March, 1857; and on the same date, for the purpose of securing the payment of the same, conveyed certain real estate to Seaman, as a trustee, with power to sell if either note should not be paid at maturity, by giving notice, etc. The bill also alleges that Morgan assigned the two notes first falling due to complainant, and that…

2Cited by22 opinions

  1. Lawson v. WarrenSupreme Court of Oklahoma · 1912
  2. Thompson v. MarshallOregon Supreme Court · 1891
  3. Walker v. DementIllinois Supreme Court · 1866
  4. Denver Brick & Manuf'g Co. v. McAllisterSupreme Court of Colorado · 1882
  5. Wilson v. SpringIllinois Supreme Court · 1872

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