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He had gone with the Hudson Bay Company as a laborer, became a guide, a trader, and then an agent. Hill and Kittson laid before Smith a plan, very plain, very simple. Buy up the bonds of the Saint Paul and Pacific from the Dutch bondholders, foreclose, and own the railroad!
Frank was about to burst out with some indignant exclamation, but his mother, checking him, said: "I think there is little chance of our being able to pay you to-morrow. May I inquire what course you propose to take?" "It will be my painful duty to foreclose the mortgage." "Squire Haynes," said Frank boldly, "haven't you intended to foreclose the mortgage all along?
Steps had been taken to foreclose the Government's lien upon the Central Pacific Railroad Company, but before action was commenced Congress passed an act, approved July 7, 1898, creating a commission consisting of the Secretary of the Treasury, the Attorney-General, and the Secretary of the Interior, and their successors in office, with full power to settle the indebtedness to the Government growing out of the issue of bonds in aid of the construction of the Central Pacific and Western Pacific bond-aided railroads, subject to the approval of the President.
If a contractor for the yearly sale of the woods was bankrupt and did not pay, how could I get my interest? Answer me that, Gandrin." "Certainly you must run the risk of that chance." "Of course the chance occurs, and then I foreclose, seize, Rochebriant and its seigneuries are mine."
The senior Packard's scowl had known fame as long as fifty years ago; never was it blacker than right now. For a little he stood still glaring at the floor. Blenham watched him covertly, a look of craft in the one good eye. "Better go over an' see Temple right away," said Packard presently. "He won't be able to pay up his next instalment. Tell him I'm goin' to foreclose an' drive him out.
"And he threatened to foreclose the mortgage on Dapplemere Farm, did he, Sergeant!" "Within the month, sir! upon which I warned him inn parlour no place lady's private money troubles gaping crowd dammit!" "And so he is turning you out of his cottage?"
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.
By the way, the best part of it all is that he says a fugitive from justice can't bring legal proceedings in a civil court. So Rodney can never foreclose on us or take up those notes of mine. Lord, but that chap, Brice, is a wonder!" Vital as was the news about the notes and the mortgage, Claire scarce heard it.
I can't remember half I heard them say; but the substance of it was, that if your father don't pay his interest money on the very first day of July, the old man means to foreclose the mortgage just as quick as the law will let him. That's the upshot of all that was said." "That's too bad!" exclaimed Leopold, indignantly. "Just what I thought, and that's the reason why I wanted to tell you.
"He'll foreclose they'll foreclose, I mean." "Aw, maybe not." "Yeah, they will. I know 'em! 'em! They'd have the shirt off my back if they could. You see, Racey, she's thisaway: I borrowed five thousand dollars from the Marysville bank, on a mortgage, and there they went and sold the mortgage to Lanpher of the 88 and Luke Tweezy. And there's the rub, Racey.
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