[DOWNLOAD] "Silverstein v. Stater Et Al." by Supreme Court of Minnesota # Book PDF Kindle ePub Free
eBook details
- Title: Silverstein v. Stater Et Al.
- Author : Supreme Court of Minnesota
- Release Date : January 26, 1934
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
LUMMUS, Justice. On May 4, 1923, the defendants gave to the plaintiff a witnessed promissory note, payable on demand, with interest at 9 per cent., secured by a second mortgage upon their land. On June 12, 1923, they conveyed the land to one Gracia, subject to the mortgages which Gracia assumed and agreed to pay. On November 25, 1923, Gracia voluntarily conveyed to her sister, one Moureira, subject to the mortgages which Moureira assumed and agreed to pay. Apparently Gracia continued to control the land, for her Discussions with the plaintiff about her inability to make payments as required resulted in a taking of possession by the plaintiff, and later, in May, 1932, in a conveyance by Moureira subject to said mortgages to Ida Silverstein, a daughter of the plaintiff, who holds title for the plaintiff. It is to be noticed that Ida did not assume or agree to pay the mortgages. The purpose of the plaintiff in taking title in the name of Ida was to preserve the plaintiffs rights on the mortgage note against the defendants, who had conveyed the land nine years before. The Judge finds: In the conferences between the plaintiff and Mrs. Gracia the plaintiff orally stated she would convey the property back at any time when times were better and payments could be continued.