Court Opinion

ID: 6570518
Source: CourtListenerOpinion
Date Created: 2022-07-20 19:27:49.027119+00
Date Added: 2024-06-11T15:56:53.467256
License: Public Domain

By the Court.
In all cases where the conveyance is a mortgage, the rights of the parties are reciprocal; the mortgagor has a right to redeem, and the mortgagee to collect his debt.
In this case the conveyances and receipt shew that the land was holden by the plaintiff as security for a pre-existing debt; .as the conveyance was a mortgage in its origin it continues a mortgage to the present time ; the interest of the plaintiff in the land, is that of a mortgagee, and he has a right to suei for his debt.
New trial not granted.