Court Opinion

ID: 5501196
Source: CourtListenerOpinion
Date Created: 2022-01-10 02:59:46.430055+00
Date Added: 2024-06-11T08:33:56.175916
License: Public Domain

Barnard, P. J.
The defendants Goodliffe and wife on the 15th of January, 1877, executed a mortgage to one Richard Burnett for $301.85. The mortgage covered two. pieces of land,—one in New Rochelle, and the other partly in New Rochelle and partly in Mamaronick. The plaintiff has title to *467the mortgage by assignments from Burnett to Sarah S. Banks and from Sarah S. Banks to him. Before Sarah S. Banks assigned the mortgage to plaintiff .she released the New Rochelle property from the lien of the mortgage. The title to the land is as follows: In July, 1877, Goodliffe and wife conveyed to Fannie E. Banks, plaintiff’s wife, the New Rochelle property. The plaintiff conducted the negotiations for his wife which resulted in the deed. The deed ••contained this clause: “Subject to a mortgage of $301, made by said John T. Goodliffe and wife to Richard Burnett, dated January 15th, 1877, recorded .January 20th, in Liber 704 of Mortgages, page 238, of said register’s office, at 9:30 a. h., or so much of said mortgage as may not otherwise be satisfied; that is to say, by other property described in "said mortgage mentioned.” Proof to show that this $301 mortgage was paid in making up the consideration or the conveyance was rejected because the deed contained this •covenant. The evidence was proper. A certain consideration was called for by the deed, amounting to $6,409. The plaintiff stated that he had not the cash consideration, and the mortgage in question was allowed as part payment thereof. We think the proof was admissible. It was in effect proving payment of the mortgage. What the real facts may be when the • evidence offered is received cannot be known, but upon the record it appears that it may be that the deed was executed and delivered upon the expectation that a certain amount of money should be paid, and the convey.anee made subject to-this mortgage, and that the mortgage was used as a .money payment. This view seems to be borne out by the fact, which is proven, that no interest was paid upon the Burritt mortgage after 1878, a period of about 12 years. The judgment should be reversed, and a new trial .granted, costs to abide event.