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"In brief, the mortgagee agreed, in the event of Sir Burnham's death, to allow the widow to retain possession of the property for life, whether payments fell in arrears or otherwise!" "But this " I exclaimed. "Is, as a friend of yours once remarked, as mad as 'Alice in Wonderland'! I agree. But to continue. At the time that this extraordinary agreement was drawn up, Mr.
"M. Louvier had predetermined to possess himself of your estate: he makes himself mortgagee at a rate of interest so low, that I tell you fairly, at the present value of money, I doubt if you could find any capitalist who would accept the transfer of the mortgage at the same rate. This is not like Louvier, unless he had an object to gain, and that object is your land.
You may add considerably to your income by consolidating all these mortgages into one at a lower percentage, and in so doing pay off this formidable mortgagee, M. Louvier, who, I shrewdly suspect, is bent upon becoming the proprietor of Rochebriant.
"The Prince!" said Rochebriant, rousing himself from revery; "what Prince?" "Do you not recognize him by his wonderful likeness to the first Napoleon, him on horseback talking to Louvier, the great financier." "Is that stout bourgeois in the carriage Louvier, my mortgagee, Louvier?" "Your mortgagee, my dear Marquis? Well, he is rich enough to be a very lenient one upon pay-day." "Hein!
Wordley coughed and frowned, as a man does when he is engaged in a disagreeable and painful task. "The principal mortgagee has given me notice of foreclosure, and the amount of the debt is so large that I am afraid it would be cruel and useless to conceal the truth from you I know that the property sold would not be sufficient to meet it. Of ready money there appears to be none " Mr.
My father had borrowed every shilling that the place would carry, to keep up the search; and there was neither interest nor principal forthcoming, so the mortgagee Wesleyan minister, I'm sorry to say had to sell us off to get his money. We had three uncles; each of them took one of us youngsters; but they could do nothing for my father.
"Permit me to hope not, and to ask a few necessary questions. M. Louvier has constituted himself your sole mortgagee; to what amount, at what interest, and from what annual proceeds is the interest paid?" Herewith Alain gave details already furnished to the reader. Duplessis listened, and noted down the replies. "I see it all," he said, when Alain had finished.
Bad seasons, which are the friends of the money-lender and mortgagee, are the foes of hereditary descent and family pride, and many are the escutcheons erased and the lines of lineage broken by reverses wrought through their fitful moods. The Crawshaws were no exception.
My object was to imitate as far as possible the "Upper Club" of the Eton playing-fields. I had barely accomplished the work, the cricket ground had just been levelled, when the landlord's agent or more probably his "mortgagee" arrived on the scene, accompanied by a hard-headed, blustering timber merchant from Cheltenham.
Hunt went down to Glastonbury, and under a threat of compelling all his tenants to pay their rent in specie, he induced them to advance him three years' rent, for which he gave them receipts. But, no sooner had they paid him their rent, than the mortgagee came, and made them all pay it over again, so that all his tenants were paying double rents."
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