Hadlock v. Bulfinch
Supreme Judicial Court of Maine
1Opinion of the Court
Motion for a new trial. The testimony was too voluminous to be reported. The following are the principles, as announced by Howard, J., upon which the decision of the Court was made.
*247A mortgage of land can be discharged only by payment of the debt secured by it, or by a release.
A renewal of the note, secured by such mortgage, is not such a payment as will discharge the mortgage, unless so intended by the parties.
"Where the mortgagee taires, for the amount due upon the mortgage, the note of the assignee of the mortgager, including annual interest, and gives up to such assignee the notes of the…
2Cited by9 opinions
- Packard v. KingmanSupreme Court of Iowa · 1860
- Port v. RobbinsSupreme Court of Iowa · 1872
- Pacific National Agricultural Credit Corp. v. WilburCalifornia Supreme Court · 1935
- Abbeville Live Stock Co. v. WaldenSupreme Court of Alabama · 1923
- Woolen v. TaylorSupreme Court of Alabama · 1941
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