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Updated: June 25, 2025
Coming away from the office of my attorney, I noticed the office of your attorney right across the hall, so I dropped in and accepted service of the complaint in action for the foreclosure of your confounded old mortgage. This time your suit is going to stick!
Hence any proposal like that which I had the honor to receive, based upon the mortgage of portions of Mexican territory as security for engagements entered into by the United States, naturally becomes the ground of an outcry that this is but the preliminary to an entry for inevitable foreclosure. And then follows the argument that if this process be legitimate in one case, why not equally in all.
In the latter year 125 was charged for the shares allotted, in 1912 150, and in 1913 175. As a result of the earlier policy an unnecessarily high price was paid for new capital, but fixed charges were kept low, and no great system was as safe from foreclosure. In 1914 the total assets of the company were valued at over $800,000,000.
The whole movement seemed senseless and hopeless, merely causing furious antagonism and outrageous embarrassment; for Mrs. Walton's perversities as director of the bank had been felt far and wide in the country districts, where farmers were not only unable to secure loans, but many who had mortgaged their land to the Mosely Estate now found themselves facing the possibility of foreclosure.
Moreover, with the practice of delaying possession under foreclosure, appointing receivers in the interest of the debtor, etc., he is in many States so delayed in getting possession of his security that by the time he acquires it he will find it burdened with overdue taxes and in a state of general dilapidation.
You must remember that the first mortgage comes in for the first claim after taxes, and if the foreclosure doesn't bring enough to satisfy more than that, the second mortgage is sleeping on its rights." "First mortgages, not seconds," said Rose. "And while I'm on that, let me warn you about Alex Tracy, four miles north and a half mile east, on the west side of the road.
"Suppose I did foreclose; you couldn't put the land in the marriage contract until it was mine." The notary shrugged his shoulder ironically, and dropped his chin in his hand as he furtively eyed the two men. Farcinelle was ready for the emergency. He turned to Shangois. "I've got everything ready for the foreclosure," said he. "Couldn't it be done to-night, Shangois?" "Hardly to-night.
Not by ordinary sale, either; but simply by foreclosure of a mortgage, under conditions which were certainly very hard for Mrs. Jacobs, inasmuch as one-half the interest has always been paid. This money which you have found would have paid nearly the whole of the original loan. It was hers, only she did not know where it lay. O Stephen, my darling, I do implore you not to do this great wrong.
The history of these men and the times prove clearly that these threats were not idle, nor those who opposed them survived their vengeance." At the foreclosure on the McGinnis property, Pres Huff rode his horse between the court officers and those attending the sale, and pistol in hand declared the land his by right of possession.
I have permitted my lawyers to use the foreclosure as a threat, and I'm duty bound to see it through." "If it is absolutely necessary to go through with this, I don't see that it would make it any more terrible if we should tell Uncle Josiah the whole story. It would, at least, save his thinking ill of us. Then, there is the chance that he might suggest something."
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