(Download) "Delmas v. Insurance Company" by United States Supreme Court # eBook PDF Kindle ePub Free
eBook details
- Title: Delmas v. Insurance Company
- Author : United States Supreme Court
- Release Date : January 01, 1871
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 60 KB
Description
Mr. T. J. Durant, for the plaintiff in error: The renewal of the note is clearly a new agreement, and comes under the head of 'Agreements other than those specified in this schedule.' The same may be said of the reinscription of the mortgage. A mortgage to affect third persons must be publicly inscribed on records kept for that purpose.4 This prescrves the mortgage during ten years. The effect ceases, even against the contracting parties, if the inscriptions have not been renewed before the expirations of their time, in the manner in which they were first made.5 Nothing could come more completely within the meaning of the Stamp Act than such a reinscription; it is a renewal of the mortgage, and that is the case provided for in Schedule B.