McClure v. Holbrook
McClure v. Holbrook
Opinion of the Court
McClure filed his bill to foreclose a mortgage given by John F. Holbrook to Isaac A. Holbrook, October 26, 1868, and by the latter assigned to McClure November 8, 1869. The mortgaged premises were primary school lands, to which no deed had yet been obtained, the purchase price not having been fully paid to the State. It turned out when complainant came
The complainant made Mrs. Holbrook a party defendant, claiming that the purchase of the one-third interest in the mortgaged lands in her name was really made by her husband, the mortgagor, with his own money, and that therefore it is subject to the mortgage. The court below appears to have found this case made out, and gave a decree foreclosing Mrs. Holbrook’s rights on sale being made.
The decree in this particular is erroneous. The mortgage covering an undivided two-thirds of the land only, there was no fraud, and no wrong to the complainant in Mrs. Holbrook acquiring the other third. Even if her husband furnished the means which paid for it, the fact is immaterial; complainant’s interest in the land is the same afterwards that it was before; he loses nothing by the change in title, nor can he gain anything thereby. If the mortgage had contained covenants of title or of warranty a different question might possibly have been presented; but it did not.
No other question is presented by the record which requires attention at our hands. The decree as to Sally Ann Holbrook must be reversed with costs of both courts. In all other particulars it will be affirmed. It will then stand as a decree of foreclosure and sale of all that was mortgaged; and complainant can demand nothing more.
Reference
- Full Case Name
- David G. McClure v. Sally Ann Holbrook
- Cited By
- 1 case
- Status
- Published