Nadeau

Anglo-Nevada Assurance Corp. v. Nadeau

Good Law
1891 Cal. LEXIS 949·90 Cal. 393·27 P. 302
Supreme Court of CaliforniaAugust 1, 1891No. 14217California278 words

Opinion

Lead Opinion

Vanclief, J.

— Action to foreclose a mortgage executed by decedent on the tenth day of November, 1886, to secure payment of a promissory note for the sum of one hundred and fifty thousand dollars and interest, dated November 6, 1886, payable “on or before September 6, 1889.” Nadeau died January 15, 1887. His will was admitted to probate and his executors appointed April 18, 1887. Pursuant to an order of the probate court, notice to creditors was published on April 25, 1887, and the ten months within which creditors were required to present their claims expired February 25, 1888, about eighteen months before the maturity of the note. This action was commenced March 29, 1890, nearly six months after the maturity of the note. Neither the note nor the mortgage was ever presented to the executors for allowance; but in the complaint, all recourse against any other property of the estate than the mortgaged property is expressly waived. Judgment of foreclosure was rendered' in the usual form, except, that there was no judgment for a deficiency, nor for counsel fees.

This appeal is from the judgment upon the judgment' roll, including a bill of exceptions, showing that it was stipulated at the trial…

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