Rice v. Rice
Rice v. Rice
Opinion
An absolute deed of land and a bond made at the same time to reconvey upon the payment of a sum of money, though unaccompanied by any collateral personal security for such payment, constitute a mortgage; and the mortgagee’s right under the same will pass by a devise of ££ all the obligations for money due to him.’*
Petition for partition. The case came before the Court upon a statement of facts.
If the Court should be of opinion, that the land descended to the heirs at law of Perry senior, and that the executor had no right to receive the sum last mentioned, and to execute the release, partition was to be made according to the prayer of the petition ; but otherwise the petitioners were to take nothing by their petition, and the respondent was to recover costs.
cited St. 1788, c. 51, § 4. Parker C. J. delivered the opinion of the Court. The question in this case relates to the title to the land described
There is nothing in that case, therefore, to be overruled by our decision in this. Here the contract was unquestionably a mortgage for security,
Petitioners take nothing, fyc. Costs for respondent.
Reference
- Full Case Name
- Phinehas Rice &c. versus Charles Rice
- Status
- Published