Case Name: Ely Hoppock agt. Erastus Plato and George C. Stone
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1865-12
Citations: 30 How. Pr. 120
Docket Number: 
Parties: Ely Hoppock agt. Erastus Plato and George C. Stone.
Judges: 
Reporter: Howard's Practice Reports
Volume: 30
Pages: 120–120

Head Matter:
SUPREME COURT.
Ely Hoppock agt. Erastus Plato and George C. Stone.
A mortgage to secure ten thousand dollars, stamped with a five cent stamp, is void for the want of a proper stamp.
New York Special Term,
December, 1865.
Smith & Woodward, for plaintiff.
Nelson Smith and Edward Gilbert, for defendant.

Opinion:
Ingraham, J.
This suit was brought to enforce an instrument in the nature of a mortgage, on certain property of the defendant Plato, in favor of plaintiff, to secure the payment of notes to the amount of $10,000. After giving the instrument, defendant Plato executed a general assignment to the defendant Stone, conveying all his property, including that covered by the mortgage to plaintiff. The mortgage was stámped with a five cent stamp.
The court held it to be void under the stamp act, for want of the proper stamp to be affixed to a mortgage to secure $10,000, and dismissed the complaint with costs.