Newcomb v. Trustees of St. Peters Church

2 Sand. Ch. 636
CourtNew York Court of Chancery
DecidedAugust 8, 1845
StatusPublished

This text of 2 Sand. Ch. 636 (Newcomb v. Trustees of St. Peters Church) is published on Counsel Stack Legal Research, covering New York Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Newcomb v. Trustees of St. Peters Church, 2 Sand. Ch. 636 (N.Y. 1845).

Opinion

The Assistant Vice-Chancellor.

I will first consider the case as it is made out against St. Peters Church.

[646]*646Without expressing any opinion as to the sufficiency of the proof of the execution of the bond and mortgage, or as to its being originally a valid corporate act; I think there is an insuperable difficulty in the way of any decree against the church for its payment.

More than twenty-six years ‘had elapsed after the bond and mortgage became due, before this suit was commenced. The mortgagees were all residents of this state ; and there is no evidence of any recognition whatever of the mortgage by the corporation or its officers during the whole of that period. The presumption that the mortgage was paid or satisfied, arising from the lapse of time, is conclusive, unless there is some circumstance in the case which takes it out of the general rule.

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Bluebook (online)
2 Sand. Ch. 636, Counsel Stack Legal Research, https://law.counselstack.com/opinion/newcomb-v-trustees-of-st-peters-church-nychanct-1845.