Gettins v. Scudder
Illinois Supreme Court
Appeal from the Superior Court of Cook county; the Hon. Josiah McRoberts, Judge, presiding. This was an action on the case, by James F- Gettins against Moses L. Scudder. The opinion of the court states the nature and facts of the case.
1Opinion of the CourtJustice Walker
In the month of March, 1871, appellant, through Ogden, Sheldon & Scudder, procured a loan of $4000 from one Angel. To secure the payment of that sum, he executed a deed of trust for a house and lot he owned, on Clark street, in the city of Chicago, to Mahlon D. Ogden. At the time this was done, the house was insured for $4000, half of that amount in the Fulton, of New York, and the other half in the Independent, of Boston. These policies expired on the 9th of September, 1871. They were assigned to Ogden, the trustee, as further security for the payment of the loan.
The deed of trust contained…
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