[DOWNLOAD] "Sacre v. Sacre" by Androscoggin Supreme Court of Maine * eBook PDF Kindle ePub Free
eBook details
- Title: Sacre v. Sacre
- Author : Androscoggin Supreme Court of Maine
- Release Date : January 06, 1947
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
Bill in Equity seeking an assignment and release from Victor L. Sacre, one of the defendants, to his father, Emile Sacre, the plaintiff, of the defendant's rights under a bond for a deed from the People's Savings Bank, the other defendant, for a conveyance of certain real estate in Lewiston, in the county of Androscoggin, State of Maine. The bill is before this court on exceptions to matters of law. The plaintiff in his bill alleges that on the 15th day of July, 1922, he purchased two certain parcels of real estate in the city of Lewiston, and that he executed at different times three several mortgages to the People's Savings Bank of Lewiston, Maine, amounting in all to the sum of $50,000; that on the 9th day of August, 1940, while the three mortgages were still outstanding, he entered into a written agreement with the defendant, the People's Savings Bank, relative to the settlement of said mortgages for less than the amount due thereon; that on the 5th day of November, 1940, the defendant, People's Savings Bank, further modified the written agreement; that from time to time between the 9th day of August, 1940, and the 5th day of March, 1941, said defendant, People's Savings Bank, advised the plaintiff through his attorney, Edward R. Parent, that it did not desire to continue the extension of credit to the plaintiff in accordance with the terms of the mortgages, and from time to time advised him through his attorney that it would continue the extension of credit on said mortgages, to the plaintiff, if the title to the property were taken in the name of another, and instructed the plaintiff, through his attorney, that the Bank did not wish to do business any further with the plaintiff, but if the title to the property were put in the name of another it would continue to finance the property.