Legal Opinion

Potter v. Holden

Supreme Court of Connecticut

Decided March 15, 1863PublishedCited by 4 opinions

Bill in Equity, for tlie foreclosure of a mortgage of personal property and a sale of tlie mortgaged property, brought by the petitioner as trustee for the Bank of North America, a corporation located at Providence in the state of Rhode Island, and for other parties interested.

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Bill in Equity, for tlie foreclosure of a mortgage of personal property and a sale of tlie mortgaged property, brought by the petitioner as trustee for the Bank of North America, a corporation located at Providence in the state of Rhode Island, and for other parties interested. The principal facts, as found by the court, were as follows: On the 5th day of November, 1859, Oliver S. Bradley, the principal respondent, executed and delivered to Zelotes W. Holden, another of the respondents, four negotiable promissory notes of $5,000 each, dated respectively September 1st, 10th and 20th, and…

1Opinion of the CourtDutton, J.

On the 5th of November, 1859, Oliver S. Bradley mortgaged the property, now sought to be foreclosed, to Zelotes W. Holden, and gave him authority on breach of the condition to dispose of it. The instrument purported to secure four negotiable notes of f5,000 each, payable to the order of Holden, six months from date. The real object of the parties was to secure various indorsements which had been made or were to be made by Holden, for the accommodation of Bradley. Holden conveyed the legal title of the property and indorsed the notes to the petitioner for the benefit of the Bank of North…

2Cases cited5 opinions

  1. Shirras & Others v. Caig & MitchelSupreme Court of the United States · 1812
  2. City of Hartford v. ChipmanSupreme Court of Connecticut · 1852
  3. New-London Bank v. LeeSupreme Court of Connecticut · 1835
  4. Nash v. SmithSupreme Court of Connecticut · 1827
  5. Mix v. CowlesSupreme Court of Connecticut · 1850

3Cited by4 opinions

  1. Lampson Lumber Co. v. ChiarelliSupreme Court of Connecticut · 1924
  2. Hooker v. McGloneSupreme Court of Connecticut · 1875
  3. Stearns v. BatesSupreme Court of Connecticut · 1878
  4. Todd v. TownsendDistrict Court, D. Connecticut · 1874

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