Ver Planck v. Lee
Ver Planck v. Lee
Opinion of the Court
The question presented by the appeal in this case is whether the appellants are liable to a personal judgment for the amount óf a debt secured by a mortgage upon land conveyed to them by the mortgagor, and is entirely one of fact. It is contended that the deed to the appellants which assumed the mortgage was taken by an agent without their knowledge and authority. So far .as the time the deed was taken is concerned this may be conceded, and still we are of the opinion that the judgment should be affirmed. It clearly appears that the appellants knew thereafter that they were the owners of -the real estate for they subsequently conveyed the same by their warranty deed covenanting that they were the owners in fee simple; it appears by the proofs, especially by a letter of McClaine, the husband, that the appellants
Affirmed.
Reference
- Full Case Name
- Samuel H. Ver Planck v. Charles Lee, A. P. McClaine et ux.
- Cited By
- 1 case
- Status
- Published
- Syllabus
- MORTGAGE — ASSUMPTION BY AGENT — RATIFICATION. Although a deed of mortgaged premises containing an assumption of the mortgage debt may have been taken by an agent of the grantees without their knowledge or consent, the action of the agent must be regarded as subsequently ratified, when it appears that the grantees afterwards made payments of interest on the debt and conveyed the premises by warranty deed, covenanting th'at they were the owners in fee simple.