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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 3, Page 490   View pdf image (33K)
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490 HIGH COURT OF CHANCERY.
nual sum and the privileges above-mentioned, and the said
William Ringgold the interest above-mentioned after the death
of his wife, it is understood, and I hereby agree to pay to the
children of the said Mary Ringgold at the times specified for
their receiving the principal of the purchase-money, interest
on the same from the 1st day of January last, and to forfeit
such portion of said purchase-money as I should be entitled to
in right of my wife. Witness my hand and seal this 2d day of
February, in the year 1832."
On the same day the said William and Mary executed a
deed marked Exhibit A, conveying the said land to the said
Hobbs absolutely, in consideration, as expressed on the face
of the deed, of $3,000 to them in hand paid by the grantee.
Hobbs subsequently, on the 16th of December, 1837, mort-
gaged this land to the defendant, Valentine Bryan, to secure
the latter as his security upon a note for $1,607, and an addi-
tional indebtedness of $653 48, due from the mortgagor to
said Bryan. Afterwards, on the 14th of September, 1844,
the said Bryan became the purchaser of this land at a sheriff's
sale under a fieri facias, upon a judgment recovered against
said Hobbs in Queen Anne's County Court, in favor of one H.
C. Keys, and others.
After the death of the said William Ringgold, to wit, on the
80th of June, 1845, the complainant, his said wife, filed her
bill in this case, in which, after stating the above facts, she
charges that Hobbs has neglected and refused to pay the
annual sum to her mentioned in said agreement, and that the
same remains in arrear and unpaid for two years, amounting
to the sum of $406 08, that he has become embarrassed, and
has no means of paying the same, except by a sale of said
land. That Bryan had full knowledge and notice of her claim
and that of her children before the date of his mortgage, and
at the time she and her husband executed the deed above-
mentioned, he (Bryan) well knew the terms and conditions
upon which it was made, he having in fact fixed the value of
the land, and the sum of money which Hobbs was to pay for
the same, and well knew how and to whom the purchase-money

 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 3, Page 490   View pdf image (33K)
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