History
  • No items yet
midpage
Sparks v. Brown
33 Mo. App. 505
Mo. Ct. App.
1888
Check Treatment
Hall, J.

Two questions arise on the record in this case. They are, (1) where a mortgage appears upon its face to secure an absolute debt, such as a note described therein, is parol evidence admissible to show that the note and mortgage were in fact given to secure a contingent liability of the mortgagee as the mortgagor’s surety to an amount not greater than said debt ? (2) In the absence of fraud is such a mortgage valid against a subsequent mortgage? Both of these questions must be answered in the affirmative on the authority of the following cases: McKinster v. Babcock, 26 N. Y. 280; Lawrence v. Tucker, 23 How. [U. S.] 14 ; Goodheart v. Johnson, 88 Ill. 61. As to the first question, see also, Jones on Chatt. Mort. sec. 90; Foster v. Reynolds, 38 Mo. 553 ; Baile v. Ins. Co., 73 Mo. 386. And as to the second question, see also, Blincoe v. Lee, 12 Bush (Ky.) 358; Varney v, Hames, 68 Mo. 442; Jones on Chat. Mort. secs. 82 and 88.

Judgment reversed and cause remanded.

All concur.

Case Details

Case Name: Sparks v. Brown
Court Name: Missouri Court of Appeals
Date Published: Dec 20, 1888
Citation: 33 Mo. App. 505
Court Abbreviation: Mo. Ct. App.
AI-generated responses must be verified and are not legal advice.
Your Notebook is empty. To add cases, bookmark them from your search, or select Add Cases to extract citations from a PDF or a block of text.