New Jersey Equity Reports Volume 1

New Jersey Equity Reports Volume 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1836 edition. Excerpt: ...there was an order, as is usual in cases where the whole of the mortgage money is not due, referring it to a master to take an account. Pending this order of reference, the complainants in this suit filed their bill, setting forth, substantially, the following facts: --That the said Isaac Beach was an aged and infirm man, and having considerable property to dispose of, was desirous to provide for the benefit and support of his daughter Mary, being the wife of Eliphalet Miller, and one of the complainants, in such a manner as to place her support and maintenance beyond the control of her husband, who was insolvent, made the conveyance aforesaid of the said six several lots, to the said Charles Ford, in trust, as follows: that the said Charles Ford should lease out the said premises, or any part thereof, and receivethe rents and profits, and after deducting taxes, repairs, insurances and reasonable expenses, should appropriate yearly such sum as might remain, to pay ofl' and discharge the incumbrances then upon the property; and in case the rent should be insufiicient to pay off the incumbrances, then in trust to raise by mortgage such sum or sums of money as might be necessary to pay off and remove the same; and afterwards to take and receive the rents, issues and profits, and pay over the same to the said Mary Miller for her support and maintenance: and upon this further trust and confidence, that when the youngest child of the said Mary should arrive to twenty-one years of age, that then the said Charles should convey the said premises to the said Mary Miller and to each and every of her children then living, as tenants in common, upon their paying to Isaac Beach one thousand dollars, or securing it upon bond and mortgage. That Ford more

Product details

  • Paperback | 276 pages
  • 189 x 246 x 15mm | 499g
  • United States
  • English
  • black & white illustrations
  • 1236796276
  • 9781236796271