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Updated: June 7, 2025
"Well, on mortgages and notes; and now as collateral on a loan that I made his widow. I own a clean majority of the stock." "Oh, you do, eh?" observed Wiley and rubbed his jaw thoughtfully while Blount looked mildly on. "Well, what are you going to do?" "Why, I'd like to buy back that tax deed," answered Blount amiably, "and get control of my property."
Every one did not know that Sir Samuel, like Mr Simpson, owed him an enormous sum of money, for various bets, loans, and even mortgages, of which Howel kept quite as usurious an account as his father would have done before him, and at which the lawyers of those gentlemen shook their heads, although they could not disprove any item of it.
Sanford was a a Shylock! There, can you understand now?" "Who were his debtors? Alvord?" "Yes; Hendricks was one who owed him enormous sums and he was going to make lots of trouble I mean Sanford was why, Eunice, in Sanford's private safe are practically all of Hendricks' stocks and bonds, put up as collateral. Sanford holds mortgages on all Hendricks' belongings real estate, furniture everything.
As it was, he did not succeed to much more than the title, a costly house, and a not very profitable estate, burdened, though not heavily, with mortgages. This burden was reduced by the good sense of the managers of the English memorial subscription to Scott, who devoted the six or seven thousand pounds, remaining after some embezzlement, to clearing off the encumbrances as far as possible.
But most writers say that the "Relief from burdens" meant the extinction of all securities whatever, and this agrees best with what we read in his poems. For Solon prides himself in these upon having "Taken off the mortgages, which on the land were laid, And made the country free, which was formerly enslaved."
"If so, we are about in the same boat, Barbara," Alan answered with a laugh, "for my present possessions are Yarleys, which brings in about £100 a year less than the interest on its mortgages and cost of upkeep, and the £1700 that Aylward paid me back on Friday for my shares.
The old maid gave a glance of appeal to the chevalier; but the gallant recorder of mortgages, who was beginning to see in the manners of that gentleman the barrier which the provincial nobles were setting up about this time between themselves and the bourgeoisie, made the most of his chance to cut out Monsieur de Valois.
So we in Lattimore, who a few weeks ago had been ready to sacrifice anything for the keeping of our good name; who by stealth justly foreclosed mortgages justly due, lest the world should wonder at their nonpayment; who so greatly had rejoiced in our own strength; who had felt that, surely, we who had wrought such wonders could not now fail: even we numbly came to regard receiverships and assignments as quite the thing to be expected.
Such loans are granted on the security of mortgages and on the guaranty of the municipality. Agricultural societies national and county receive government grants for the purpose of holding meetings and issuing documents that might be of service to farmers.
She now again went to work with her figures, and found that if the loan were accomplished it would add twenty-five pounds a year to her computed income. Mortgages, she knew, were good things, strong and firm, based upon landed security, and very respectable. So she wrote to her lawyers, saying that she would be glad to oblige her brother if there were nothing amiss.
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