Court Opinion

ID: 6275039
Source: CourtListenerOpinion
Date Created: 2022-02-18 15:56:55.913862+00
Date Added: 2024-06-11T09:00:01.931734
License: Public Domain

Opinion by
Beaver, J.,
In addition to the facts stated in No. 281 of April Term, 1905, Union Trust Co. v. Cain, ante, p. 189, in which an opinion has been this day filed, it appears from the evidence in this case that the mortgage sought to be recovered from the terre-tenants was not only assigned upon the record, but that it was also marked satisfied. There is no evidence, so far as we can ascertain from the testimony, that the defendants or terre-tenants were ever notified by the plaintiff’s intestate that she intended to hold them for either principal or interest of this mortgage. If she had so intended, they should have been included as defendants in the bill in equity filed against the lodge of Odd Fellows, to whom the mortgage had been assigned, as shown by the records. That proceeding conveyed no notice whatever to them.
In this case, in addition to what is contained in No. 231, the mortgage was assigned by the lodge to the German Fire Insurance Company, an innocent holder for value. The case is much stronger, therefore, than the Hailman case, No. 231, previously referred to.
For the reasons stated in our opinion in that case and also for the further reasons suggested by the fact of the assignment by the lodge to the insurance company, which we presume was regularly entered upon the record, and also in view of the fact that the record shows a satisfaction of the mortgage and there is no dispute of the bona fides of the transaction, this case should follow No. 231.
It is proper to say that the testimony, as printed in the appellant’s paper-book, is quite unsatisfactory, in view of the fact that, although the offer in evidence of the mortgage was regularly made and it was admitted, neither the mortgage itself nor the assignments and satisfaction are printed. We are left, therefore, to assume certain facts as to which we could speak more certainly if the entire record had been printed.
Judgment affirmed.