French ex rel. Howard v. Case

43 N.W. 1056, 77 Mich. 64, 1889 Mich. LEXIS 714
CourtMichigan Supreme Court
DecidedOctober 25, 1889
StatusPublished
Cited by1 cases

This text of 43 N.W. 1056 (French ex rel. Howard v. Case) is published on Counsel Stack Legal Research, covering Michigan Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
French ex rel. Howard v. Case, 43 N.W. 1056, 77 Mich. 64, 1889 Mich. LEXIS 714 (Mich. 1889).

Opinion

Sherwood, C. J.

This action is brought to foreclose a mortgage given by Albert Case and Mary Case, his wife, on about 52 acres of land lying in the county of [65]*65'Washtenaw,' to Harvey French and Amanda, his wife, on October 15, 1875, which mortgage is accompanied by a bond as collateral security thereto.

The bond was as follows:

“Know all men by these presents'that I, Albert Case, am held, and firmly bound unto Harvey -French and Amanda French in the sum of two thousand dollars, lawful money of the United States of America, to be paid to the said Harvey French and Amanda French, or their certain attorney, executors, administrators, 'or assigns, to which payment well and truly to be made I, Albert Case, hereby bind myself, my heirs, executors, and administrators, firmly by these presents.
“ Sealed with my seal. Dated the fifteenth day of October, in the year of our Lord one thousand eight hundred and seventy-five.
“The condition of this obligation is such that if the above-bounden Albert Case, his heirs, executors, administrators, or assigns, or any of them, shall and do well and truly pay, or cause to be paid, unto the above-named Harvey French and Amanda French, their certain attorney, executors, administrators, or assigns, the just sum of two thousand dollars, and interest at seven per cent, (said interest to be paid annually), within eight years from the first day of May, A. D. 1875, without any fraud or further delay, then the above obligation to be void, or else to be and remain in full force and virtue.
“The further condition of this obligation is such that if the above-bounden Albert Case shall and does well and truly pay or cause to be paid unto the above-named Harvey French and Amanda French the said sum of two thousand dollars, and the interest annually, at 7 per cent., according to the specifications hereinafter mentioned, to wit: So much of the above-mentioned two thousand dollars, asicle from the interest, as the said Harvey and Amanda French, or either of them¡ may need for their support and comfort during their life-time, or within eight years after the 1st day of May, A. D. 1875, at which time the said sum of two thousand dollars, and interest to commence on the said 1st day of May, A. D. 1875, is to be paid in manner and form as follows: The balance due on the said sum of two thousand dollars, with the interest due thereon at the expiration of the said eight years (commencing on the 1st day of May aforesaid), to be paid as follows, to wit: To Royal French, Joel W. French, twenty per cent.; to Mary Case, twenty per cent.; to Alice Bird, ten per cent.; and to Harmony Russell, ten per cent.; the above-bounden Albert Case having paid Avery Case twenty per cent.; and that the receipt of [66]*66said Royal French and Joel W. French, Mary Case, Alice Bird, and Harmony Russell, or either of them, for such proportion of the above-mentioned two thousand dollars as they may receive from the said Albert Case, shall be, and is hereby, declared and acknowledged to be a payment on this bond; but no interest on the said payment to be allowed to the said Case for any moneys he may pay to any of the said payees above mentioned.
“The said sum of two thousand dollars and interest, as before mentioned, that may be due at the death of the said Harvey and Amanda French (after paying the funeral expenses), may be paid, at any time within one year after the death of the said- Harvey and Amanda French, to the said parties in the manner and form aforesaid: Provided, the said Harvey and Amanda French should live beyond the said period of eight years from the said 1st of May, A. D. 1875, the said payments to the said Royal French, Joel W. French, Mary Case, Alice Bird, and Harmony Russell shall be made within one year after the death of both Harvey and Amanda French, and not before, unless desired by the said Albert Case; and it is further expressly understood that upon the payment of the aforementioned sums to the said Royal French, Joel W. French, Mary Case, Alice Bird, and Harmony Russell by the said Albert Case, in the manner and form heretofore mentioned, or the majority of them, they shall discharge from record a certain mortgage bearing even date herewith, and executed by Albert Case to Harvey French and Amanda French, and given as collateral security for the payments heretofore mentioned in this obligation.”

The mortgage was as follows:

“This indenture, made this fifteenth day of October, in the year of our Lord one thousand eight hundred and seventy-five, between Albert Case and Mary Case, his wife, of the township of York, Washtenaw county, Michigan, of the first part, and Harvey French and Amanda French, of the same place, of the second part, witnesseth:
“That the said parties of the first part, for and in consideration of the sum of two thousand dollars, to them in hand paid by the said parties of the second part, the receipt whereof is hereby confessed and acknowledged, have granted, bargained, sold, released, enfeoffed, and confirmed, and by these presents do grant, bargain, sell, release, enfeoff, and confirm, unto the said parties of the second part, and to their heirs and assigns, forever, all that certain piece or parcel of land known, bounded, and described as follows, to wit: The east half of the east half of the north-east quarter of section thirty-four (34); also the west half of the west half of the west half of the south-west quarter of section thirty-five (35), in township No. four (4) south, of range No. six (6) east, containing [67]*67•sixty (60) acres of land, more or less, — all lying in the township of York, county of Washtenaw, and State of Michigan, excepting eight (8) acres off from the north end of the first described forty (40) acres, being heretofore deeded by Albert Case and Mary Case to James Delaforce. To have and to hold the above-bargained premises unto the said parties of the second part, their heirs or assigns, for the sole and only proper use, benefit, and behoof of the said parties of the second part, their heirs and assigns, forever.
“Provided, always, and these presents are upon express conditions, that.if the said parties of the first part pay to the said parties of the, second part the sum of two thousand dollars, and interest at seven per cent., in eight years from the first day of May, A. D. 1875, the interest thereof to be paid annually, and so much of the principal as is necessary and desired for the support and comfort of the said parties of the second part during their life-time, and at the time of the death of the said Harvey and Amanda French, the said parties of the second part, or within, one year thereafter, the balance due on the said sum of two thousand dollars, and interest, if any shall be due, to be paid as follows: To Royal French, twenty per cent.; to Joel W. French, twenty per cent.; to Mary Case, twenty per cent.; to Alice Bird, ten per cent.; to Harmony Russell, ten per cent., — the above-bounden Albert Case having paid Avery French twenty per cent, before the execution of this obligation. The said several payments to be made within eight years, and not until one year after the death of the said Harvey and Amanda French: Provided they, the said Harvey and Amanda French, or either of them, shall live more than eight years, the said balance due on this instrument is not to be paid until one year after the death of the said Harvey and Amanda French, parties of the second part herein.

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Bluebook (online)
43 N.W. 1056, 77 Mich. 64, 1889 Mich. LEXIS 714, Counsel Stack Legal Research, https://law.counselstack.com/opinion/french-ex-rel-howard-v-case-mich-1889.