Albany City Bank v. Steevens

1 Walk. Ch. 6
CourtMichigan Court of Chancery
DecidedApril 15, 1842
StatusPublished

This text of 1 Walk. Ch. 6 (Albany City Bank v. Steevens) is published on Counsel Stack Legal Research, covering Michigan Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Albany City Bank v. Steevens, 1 Walk. Ch. 6 (Mich. Ct. App. 1842).

Opinion

The Chancellor.

The Revised Statutes (page 378, § 117) provide, where there is a default subsequent to the decree in the payment of any portion or instalment of the principal, or of the interest due upon the mortgage, the Court may, on the petition of the complainant, by a further order founded upon the first decree, direct a sale of so much of the mortgaged premises to be made, under the decree, as will be sufficient to satisfy the amount so due, with the costs of such petition and the subsequent proceedings thereon; and that the same proceedings may be had as often as a default should happen. The petition under this statute should set forth briefly all the facts necessary to enable the mortgagor, as well as the Court, to [8]*8understand its object. It should state when the bill was filed, the date of the decree, and the amount that had become due upon the mortgage since that time; and that the whole or some part thereof remained unpaid.

A copy of the petition, with a notice of the time it will be presented to the Court, should be served on the mortgagor, in order to afford him an opportunity to show cause why the prayer of the petition should not be granted; and if no cause is shown, the petitioner will be entitled to an order of reference'to a master to compute the amount due, and, on the coming in of the master’s report, to such further order as the case may require. Where service cannot be made on the mortgagor, by reason of his absence from the State, it may be made on his solicitor. A copy of the petition need not be served on subsequent incumbrancers who are made parties to the suit. Decrees in this class of cases are analogous to judgments at law for the penalty of a bond, where the plaintiff is required to proceed by scire facias to have damages assessed on a breach occurring after the rendition of the judgment. The reference to the master in this case to compute the amount which had become due since the decree, was irregular, as it was made without a special order of the Court for that purpose, and the petition should have been served on the mortgagor instead of the Solicitor.

So much of the Master’s reportas relates to the reference made on the 6th instant, cannot be confirmed, and the prayer of the petitioners must be denied. But that part of the report which relates to the sale of a part of the mortgaged premises, may be confirmed.

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Bluebook (online)
1 Walk. Ch. 6, Counsel Stack Legal Research, https://law.counselstack.com/opinion/albany-city-bank-v-steevens-michchanct-1842.