Biggs v. Freehold Loan and Savings Co., , 31 S.C.R. 136 (1901)

Supreme Court of Canada, Supreme Court of Canada (February 19, 1901)

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Extract:

Biggs v. Freehold Loan and Savings Co., , 31 S.C.R. 136 (1901)

Supreme Court of Canada

Biggs v. Freehold Loan and Savings Co., 31 S.C.R. 136

Date: 1901-02-19

Samuel C. Biggs (Plaintiff) Appellant;

and

The Freehold Loan and Savings Company (Defendant) Respondent.

1900: April 23; 1901: February 19.

Present: Sir Henry Strong C.J. and Taschereau, Gwynne, Sedgewick and King JJ.

ON APPEAL FROM THE COURT OF APPEAL FOR ONTARIO.

Mortgage-Rate of interest-Payment by instalments.

A mortgage given to secure payment of $20,000 with interest at nine per cent payable half yearly, contained these provisos: "Provided that on default of payment for two months of any portion of the money hereby secured the whole of the instalments hereby secured shall become payable.* * Provided that on default of ...

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