Gloucester County Democrat., 1912-02-15
A: MUsTY MORTGAGE STIRS UP
TROUBLE.

/ Given In 1893 for Two Years 1t New
BObs Up to Hold Tp Sale of Farm
1T Covers 17O Acres in Pilesgroye
Township, Including the Crispin
1 and Waddingt0n Farms 1t Has Ey-
identity Been Paid Long Ago, But
Never Satisfied of Record AS No
Interest Has Been Paid for Twenty
/ Years No Recovery Of Principal Can
Be Had Numerous Heirs Bob Up
to Contest Cancellation.
Is Heirs of the third and fourth gem
/ Grafton of Batenan Lloyd are fighting
1 the cancellation of a mortgage made
/. to him inS1 799, which cDvers! 10 acres
! of land in iPilesgrove township, Salem
! county. +; It was made by SJos Graves
i for aepariod. of two years for a icon
lsideration of 924 pounds, q shillings
and 9 pence, (nearly $4,000, and
! bearing interest on an average of s
4 per cent The matter was toaihaTe
come up in Camden on Tuesday be-
/ fore Circuit Court Judge Cole, but sit
was necessary. to take, 1t to Woodbury.
1 where he is presiding lover two jury.
trials. The heirs. who hail from kas
4 far west as Sacramento California,
and as far north as Stoneham. Massa-
] chusetts, and to distant points in the
! South, and many places in this State
are represented by Attorney S. Con-
rad Ott of Camden; George Brad
| ford Carr, of Philadelphia; Senator
H.. Warren Davis, and others.
The heirs are opposing the cancel
lation of the mortgage which was
sought after by Judge Waddington,
as counsel for Mrs. Agnes Flitcraft
Lof Woodstown, who thought she own
| ed at least 81 acres of the tract. In
/ fact she had been in possession of it
/ for long period, and when she con-
cluded to sell there was not the least
doubt in her mind that the transac-
ttion would soon be closed. 1t was
/ when a search was made that it was
learned that the old mortgage given
| by Graves to Batenlan for the above
consideration was discovered. This
/ was for two years, and while the de-
! tense claims that the obligation was
| metz there is no record of such a
transaction and to all intents the
mortgage is still alive. M
1t was not known at the time
| of Lloyd The law requires that the
| proposed cancellation of the mortgage
/ be advertised This was done in a
weekly paper published in Woods
town. and then it was that the heirs
/ made thassselves knowssE Gne tod asss
/ other and the news spread like wild
/ fire until it encompassed the whole
country. They seemed to see in the
original tract visions of untold wealth.
| These heirs were asked If they had
T ever heard of the property before, and
/. some of them were able to assert that
| there had been family tradition that
| the original Lloyd had a mortgage on
T a valuable tract of land They were
I of the belief that this did not fall
| due until 1912.
1t was declared today that they
meant to fight the cancellation of the
mortgage at least until they are given
some consideration. How Mrs. Fit
craft continued to enjoy the 81 acres
| of the ground for SO long without
the fact is mystery.
The above is taken from the Cam
den Post Telegram, of Tuesday, and
the facts are that Mrs. Agnes Fit
craft inherited the Crispin farm of 81
acres on the, death recently of Miss
|. Emma Crispin, daughter of Page Girls
| pin. who owned the property for a
! long time. Mrs. Flitcraft sold the 81
acres last year to Richard Flitcraft,
land Judge Waddington in searching
! the title came across this old mort
gage, that had never been satisfied of
i,record. : sItscoyers ITO acres, Including
! the Page sCrispin farm. and the Geo
! E. Waddington farm in PilesgrOve
| The mortgage was given for two years
! and was due in 1901. and not for SO
I years, as some of the. heirs imagined
! It was no doubt paid, but never can
celled on the record, and the fact that
no interest has been paid for twenty
years renders collection impossible.
| The matter was up before Judge
| Cole at Woodbury on Tuesday. and
the hearing adjourned until ApriIE17 z.
/ at the April term of Salem County
1 Courts, as counsel for the heirs want
ito satisfy themselves that no interest
has been paid on the mortgage for
twenty years, which they will ask the
applicant for cancellation of the mort
/ gage to prove. siilslif
The finding Of this old mortgage
RAISES the question whether sufficient
scare is taken TO search the record
| when titles. are passed in this county.
/ When a person pays a mortgage it is
4 incumbent upon them to see that 1t is
iycaneelled on the record.
Monitor Register.
/ a-TT-- - 5{s 81
Auto and Train Collide.
AS Dr. and Mrs. William Babcock,
/ of Philadelphia, were about to, cross
lat the Glassboro ave. crossing Tues
day evening in their auto, the 6 .55
electric train came along, resulting