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Updated: June 9, 2025
By that course your life will be one of permanent privation, severe struggle; and the probability is that you will not succeed: there will come one or two bad seasons, the farmers will fail to pay, the mortgagee will foreclose, and you may find yourself, after twenty years of anxiety and torment, prematurely old and without a sou. "Course the second.
The Company had loaned a large sum of money to a cattleman named M , who owned a large ranch with valuable water-claims and a very fine though small herd of cattle. M had paid no interest for several years and attempted to repudiate the loan, so the Company decided to foreclose and take possession.
Of course the mortgage is long past due, and as he needs the money, he has commissioned me to see you and inform you that he is about to foreclose, and to ask you to vacate the premises as soon as you conveniently can. I hope that I make myself reasonably clear." In a perfectly steady voice Maxwell replied: "What you say is clear enough; whether it is true is another matter. I will see Mr.
Soon as she can settle up things at the store, foreclose a few mortgages, and unload a few blocks of stock that can't be carried safe without watchin', it's goin' to be the grand European tour for her and Edwin, and maybe a house in town when they come back. "Which only goes to show, Mrs.
"But but I haven't even had time to gather in my first crop!" "We've taken a look at your fields and we don't think you're doing a good job," said Vidac. "In this mortgage you signed there's a clause that states I can foreclose any time I want." "But how can you judge a crop by just looking at the fields?" asked Jane. "Oh, we have ways, Miss Logan." Vidac smiled.
Many of my readers may chance to be aware that the whole group of Philippine islands was mortgaged to Great Britain for payment of the ransom agreed upon at the time of our conquest of them nearly a century ago; and as up till this time neither the money nor the interest on it has been obtainable, as it probably never will be, they are, at this, or any other time, virtually our property, should the British Government foreclose the mortgage and demand payment.
They might be swept off by many fatal disorders. In these cases, the owners of them would not be able to fill up their places, and they who had lent money upon the lands, where the losses had happened, would foreclose their mortgages.
"Solomon, are you goin' to renew that mortgage when it comes due?" Mr. Cobb pulled his whiskers. "I don't know's I am and I don't know's I ain't," he said. "This Kendrick business kind of mixes things up. Might be a good idea for me to foreclose that mortgage and sell the place to him at my own price. Eh? What do you think of that?" "You wouldn't do it! You couldn't be so " "So what?
Foreclose with all promptitude was their word, and foreclose they did. With the result that legal notices were published to the effect that on the sixteenth day of June the dam, booms, cribbing, improvements, charter, contracts, and property of whatsoever nature belonging to the Coldriver Dam and Boom Company were to be sold at public auction on the steps of the county courthouse.
Your statements show a falling off in every direction. Your interest is everywhere in arrears; your current account overdrawn to the limit. At this rate, you know, the end is inevitable. Your debenture and bondholders will decide to foreclose; and if they do, you know, there is no power that can stop them.
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