MUTUAL LIFE INSURANCE CO. V. NEWTON
14 A. 756 (1888)
NATURE OF THE CASE: This was a suit for deficiency upon a mortgage bond.
FACTS: P had a mortgage bond of $8,000 made by D. P had to foreclose upon the bond and
after the sale of the property there was still a balance due and owing on the bond of
$3,877.53. D then filed a common plea with the remaining balance due based on the fact that
the Court of Chancery decreed that that amount was still due and owing. D appealed.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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