Holland v. Sampson ex rel. Peoples Savings Bank
Supreme Court of Pennsylvania
Holland v. Sampson ex rel. Peoples Savings Bank, 4 Sadler 164 (Pa. 1886)
6 A. 772
Holland v. Sampson ex rel. Peoples Savings Bank
Opinion of the Court
Saying nothing -whatever about the failure to pay the first instalment of the principal when it fell due, admittedly there was no such payment of the first instalment of the interest provided for in the mortgage. Plence, by agreement of the parties, the entire debt became due and payable, and the scire facias was properly issued. This is not a process to enforce a forfeiture, but to execute the conditions of a lawful contract. Huling v. Drexell, 7 Watts, 126.
The judgment is affirmed.
Reference
- Full Case Name
- R. M. Holland and the Borough of Braddock, Terretenant, Plffs. in Err. v. James Sampson, for Use of Peoples Savings Bank of Monongahela City
- Cited By
- 2 cases
- Status
- Published