Kirsch v. Lubin

Plaintiff has brought the action upon an instrument known in the Province of Quebec as a “ deed and hypothec.” The instrument, which is the equivalent of a bond and mortgage, was executed by defendant in the Province of Quebec in 1912 to plaintiff’s assignor, and obligated the defendant to pay the sum of $61,000, together with other consideration, as follows: $18,000 six months, $21,500 twelve months and $21,500 eighteen months after December 19, 1912, with five per cent interest. No part of this sum has been paid, and on June 17, 1927, the cause of action was assigned to plaintiff. At the…