Hay v. Node
Hay v. Node
Opinion of the Court
Every assignment is necessarily preceded by payment, or some species of satisfaction to the assignor. If a stranger takes an assignment of a mortgage, and pays his money, he certainly wrould recover thereon. The effect of an assignment not only divests the party making it of his right of recovery, but vests this right in he assignee, and in this particular operates beyond a release. The
Yerdict quer.
A motion was afterwards made within the four days, for a rule to show cause why a new trial should' not be granted ; but the court on argument unanimously refused the rule, and gave judgment for the plaintiff.
Reference
- Full Case Name
- James Hay administrator of Andrew Kessler assignee of Samuel Merrian against Sebastian Node and Catharine his wife
- Cited By
- 1 case
- Status
- Published