101 Mass. 184 | Mass. | 1869
This is a bill in equity to redeem the land therein described, situate in the city of Lowell. Both parties claim title under James Adams, who executed a mortgage to the defendant William P. Déan, October 4,1852. He conveyed bis interest, subject to the mortgage, to Timothy D. Taylor, August 25,1854, and it was sold on execution to the plaintiff, July 27,1861.
The defendants contended that the mortgage had been fore
William P. Dean conveyed his interest to his mother, Susan Dean, October 4,1859, and she conveyed to the defendant Crosby, December 21,1861. While Mrs. Dean was in possession, namely, November 13,1860, she executed an instrument to Isaac Pit-man, in which she promised that if he should pay her within a time stipulated a certain amount, which was equal to the amount due on the mortgage with interest, she would release the premises to him. On May 24,1861, she executed another instrument to Samuel Fay, of a similar purport, and he assigned it to James W. Rollins. It is contended that each of these instruments operated as a waiver of the foreclosure, or an extension of the time of foreclosure. But the answers to this suggestion are obvious. When the instrument was made to Pitman, her title had already become absolute by the lapse of three years after the entry. Neither Pitman nor Fay had any interest in the equity, or any privity with the plaintiff. Nor did either of them ever comply with the condition by payment or tender of the money. Nor does it appear that Rollins, the assignee of the instrument made to Fay, ever made any agreement with Mrs. Dean in respect to the foreclosure. The facts stated by Taylor in his testimony, that the instruments were executed for his benefit, and that he suggested tine foreclosure, do not appear to
Bill dismissed, with costs.