Court Opinion

ID: 9449628
Source: CourtListenerOpinion
Date Created: 2023-08-04 16:17:25.424002+00
Date Added: 2024-06-11T17:31:54.958350
License: Public Domain

ALBERT V. BRYAN, Circuit Judge
(dissenting in part).
My only disagreement with the opinion of the Court is its failure to allow recovery by the plaintiff of the mortgage interest payments made from the donor’s moneys. I do not think it can be said that the satisfaction of the interest obligation failed to enhance the value of the property in the donee’s hands. To my mind, it increased her equity as much pro tanto as did the payments on the principal. The interest was as much a mortgage debt and lien as the principal. If the interest had not been paid, its accumulation would have decreased the equity of the donee in the property. In this way satisfaction of the interest increased the equity.