Public-domain · open source
OpenJurist

35 Mich. 229

Fry v. Russell

Michigan Supreme Court

Decided October 25, 1876

Michigan Supreme Court · decided 1876-10-25

This cause was tried by the court without a jury and the following special finding was filed, viz: “ From the evidence and admissions of the parties, I find the following facts: “That on the 6th day of November, 1868, the defendant executed and delivered to the plaintiff a mortgage upon real estate to secure the payment of the principal sum of three hundred dollars, with interest at the rate of ten per cent, per annum, payable annually, the principal payable on the 1st day…

Cited by 5 later decisions (2 by the Supreme Court) — most recently July 1914

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1876-10-25

View the full empirical analysis of this case →

*Per Curiam:

¶1The amount the plaintiff below was allowed to recover was the purchase price of lands sold by him to the defendant below and never paid for. A mortgage had been given for the amount, which it was claimed had been discharged by tender. Its discharge as a lien would have been clear but for the fact that it provided for the payment of an attorney fee in case of proceedings to' foreclosure. Plaintiff at the time of the tender claimed this fee, but afterwards concluded to waive his claim and executed and delivered a discharge. It is not entirely clear upon the face of the mortgage that the fee was not payable in consequence of proceedings which had been taken; but whether that was so or not, the offer of the discharge by plaintiff on receipt of the amount due on the debt was in the nature of an offer of compromise, and when defendant took the discharge, instead of relying upon his tender, saying at the time, he would take his own time to pay in, he thereby recognized the right of the plaintiff to demand and receive from him the amount. We also think this was recoverable under the money counts.

¶2Judgment affirmed.

/35/mich/229 · .json · Public domain