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14 Ind. 19

Little v. Vance

Indiana Supreme Court

Decided January 14, 1860

Indiana Supreme Court · decided 1860-01-14

<p>APPEAL from the Marion Circuit Court.</p>

Cited by 2 later decisions — most recently November 1872

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1860-01-14

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Perkins, J.

¶1Complaint to foreclose a mortgage, the installments all being due.

¶2Answer, that there was a separate agreement in writing that the notes, payable on the face in cash, might be discharged, when they became due, in bonds of a certain railroad company. Demurrer to the answer sustained.

¶3Judgment for the plaintiff; and order that, on failure to pay, &c., so much of the mortgaged premises as might be necessary therefor be sold as lands are sold on execution, to make the judgment, &c.

¶4The demurrer was rightly sustained for two reasons—

¶51. The written agreement referred to in the answer, or a copy of it, was not filed with the answer.

¶62. The notes were payable in cash, and the written agreement gave a privilege to discharge them in railroad bonds. It will bear that construction as pleaded, and the ambiguity, if one exists, on account of the instrument not being filed or copied, must operate against the pleader.

¶7See, as to the election to pay. in bonds, Parks v. Marshall, 10 Ind. R. 20, cited in Williams v. Jones, 12 id. 561.

¶8The form of the judgment was right.

R. L. Walpole and K. Ferguson, for the appellants.J. L. Ketcham and I. Coffin, for the appellee.Per Curiam.

¶9The judgment is affirmed with 3 per cent, damages and costs.

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