65 Sentences With "mortgagees" | Random Sentence Generator

Sentiment among mortgagees increased 4.9% while that of homeowners jumped 8.0%.

If you have mortgages, the mortgagees, the folks collecting the interest and all of those things, they work along.

David Peyman, the deputy assistant secretary of state for counter threat finance and sanctions, said U.S. authorities will take actions against ship owners, managers, insurance providers and mortgagees linked to ships involved.

While credit to households, and particularly mortgagees, had been driving the recovery so far, loans to companies picked up the baton in July, an encouraging sign if that money then translates to more hiring and investment.

Relaxing that rule to only a 2.5% buffer above the average loan rate would mean mortgagees would be assessed on their ability to repay loans at a 6.5% rate, 75 basis points below the current minimum floor.

The privately held Austin, Texas-based company is alleged to have tried to obtain insurance payments for interest from the Federal Housing Administration despite failing to properly disclose that mortgagees were ineligible for such payments, the department said in a statement.

The Austin, Texas-based company, a unit of CIT Group Inc , is alleged to have tried to obtain insurance payments for interest from the Federal Housing Administration despite failing to properly disclose that mortgagees were ineligible for such payments, the department said in a statement.

"We agree ... that while brokers provide a service that many potential mortgagees value, the use of loan size linked with up-front and trailing commissions for third parties can potentially lead to poor customer outcomes," wrote Narev, who is stepping down as CEO next month after a series of scandals at the bank.

They were in arrears on mortgage repayments. In March 1974 they claimed specific performance of the contract, and won summary judgment in June, but the order was not drawn up until November, and so the Johnsons left it, because in the meantime, the mortgagees had won orders for possession and sale of the property. The Johnsons' lawyer advised there was no point enforcing against Agnew. The mortgagees only realised £48,000, not even enough to discharge the Johnsons' mortgage debts.

Hoops constructed a store on the property. In 1891, Richard Hoops became the owner of the property.Landgate Deeds Index XI/46/174, XI/47/175 and XI/94/357. In 1898, mortgagees foreclosed on Richard Hoops.

They had been the mortgagees of the estate since 1837, shortly before John D'Arcy's death. The Eyre family used the Castle as a holiday home. In the 1850s, a new roof was added and the facade altered to suit the taste of the new owners.

He then would be making a 2% spread on the payments each month (roughly). The difference in principal amounts and amortization schedules will affect the actual spread made). As title is actually transferred from seller to buyer, wraparound mortgage transactions may give the bank or other mortgagees the right to call the superior notes due, based on the due-on-sale clause of the underlying mortgage(s), if such a clause is present. It is appropriate to note that the bank or other mortgagees may elect to continue to receive interest payments even in the case where they become aware of the transfer of ownership.

This does not mean that an exercise of such a contractual discretion is necessarily unassailable; it may be voidable at the instance of the other party. It is a rule of the common law that, unless a contractual discretionary power is clearly intended to be completely unfettered, an exercise of such a discretion must be made arbitrio bono viri. The discretionary powers vested in mortgagees in terms of mortgage bonds conferring upon the mortgagees the right unilaterally to increase the original rate of interest payable by the mortgagor must therefore be subject to the aforesaid inherent limitation. Such a provision in a mortgage bond is therefore valid.

In the event of non-payment of its mortgage-related obligations by the mortgagor, the mortgage bank may put the property up for a forced sale. Forced sales are carried through by enforcement courts (Fogedretten), which are part of the ordinary system of courts. Mortgagees will be covered in order of priority and while uncovered mortgage loans will be deleted from the Land Register, the mortgagees will keep their (uncovered) claim against the borrower as a personal claim. It typically takes no more than six months from the time when the borrower defaults on the loan until a forced sale can be carried through.

In Parsonage Lane, Chelsworth, Suffolk, is a residence known as "The Cottage". PHH Asset Management Ltd were undisclosed agents of mortgagees, who were selling The Cottage for £205,000. Mr Pitt and Miss Buckle put in competing bids. Mr Pitt bid £200,000, which PHH accepted ‘subject to contract’.

The Johnsons' creditors filed them into bankruptcy. This was adjourned, and the Johnsons' brought a claim against Agnew seeking the purchase price (less deposit and the £48,000 realised on sale by the mortgagees), and a declaration that the contract was repudiated and to keep the deposit price.

These concern, first, the common law, statutory and regulatory rules to protect the mortgagor (i.e. the borrower) at the time of concluding the mortgage agreement. Second, English law defines and restricts the process for taking possession of property in the event of default. Third, it places duties on mortgagees (i.e.

Bursledon Windmill was built in 1814 by a Mrs Phoebe Langtry, replacing an earlier tower mill which was built in 1766. The machinery of the earlier mill was incorporated into the new mill. In 1814, the mill was mortgaged for £800 for six years. The mill was sold by the mortgagees in 1820.

The most critical benefits of registration for the mortgagee is obtaining priority, with priority ranking solely decided by the date of registration. By giving a "notice to the world", the registered mortgagee could be protected from all later secured creditors of the mortgagor, who may seek further finance from other sources using the same ship as security. In UK, regulation 59 of the Merchant Shipping (Registration of Ships) Regulations 1993, mortgagees of a ship or a share in a registered British ship are allowed to give notice of their intended interests to and recorded by the Registrar. Once later executed or registered, the registered mortgagees will have priority over the other registered mortgages which may have been fully registered in the first place.

The owners corporation must prepare and keep a strata roll in accordance with section 96 of the Strata Schemes Management Act 1996 including the name and addresses of all lot owners, tenants, mortgagees, the original owner and the managing agent, the units of entitlement, insurance details and the by-laws for the strata scheme.

The estate was inherited by his son Henry Rose, until the foreclosure by the mortgagees in 1862. In 1941, the land was bought by the Macarthur-Onslow family, owners of nearby Camden Park Estate, who still own it today. While there has been talk of suburban development, Gilead remains farmland just beyond the edge of suburbia.

The mill was offered to let in 1856 and again in 1861. An accident in March 1864 in which George Humphrey was driving his cart whilst drunk resulted in the death of his wife Elizabeth. In April the mill was ordered to be sold by the mortgagees. An auction was held on 13 May at the Hare Inn, Docking.

The first case which approached the position in relation to competing mortgagees was Gordon v Graham. During the nineteenth century, its authority came to be doubted. It was questioned whether it had been correctly reported and, even if correctly reported, whether it correctly stated the law. The matter subsequently came before the House of Lords in Hopkinson v Rolt.

Home mortgage burnings, and particularly home mortgage burning parties, are nearly unheard of in the present-day United States for a few reasons. In the early twenty-first century, due to increased mobility and other factors, few U.S. mortgagees continue to make payments until the end of the mortgage term. Typically, mortgagees sell or refinance a property before the end of the mortgage term, using proceeds of the sale or new loan to extinguish the debt used to acquire the property. Also, starting in the late twentieth century and until the housing bubble (circa 2007 or 2008) burst, it was fairly common for a borrower to acquire property using an excessively-leveraged mortgage, and possibly even an “interest-only” mortgage, wherein a borrower pays only interest but does not repay principal.

In 1813, George Ashburnham took legal action to bar the entail of his Pembrey Estate so that he could regain the freehold. After that he could mortgage the estate, which he did on 15 June 1824, together with his other Carmarthenshire and Breconshire properties. Lord Lovaine and Robert Vyner, Esq. of Gautby, Lincolnshire were the mortgagees, and the loan was £19,403,4s, 6d.

Calendar of the Proceedings of the Committee for Compounding, volume 1, p. 249-50. On 1 August 1650 the Commons passed an act that allowed creditors and mortgagees to pay a portion of the delinquent's fine relating to the lands they claimed and thus gain possession.Acts and Ordinances of the Interregnum, 1642-1660. August 1650: An Act concerning Mortgages, Extents, &c.

The Powers of Trustees, Mortgagees, etc. Act 1860 (23 & 24 Vict c 145), sometimes referred to as the Lord Cranworth's Act 1860,Medforth v Blake [2000] Ch 86 at 93H, per Scott V-C. was an Act of the Parliament of the United Kingdom. The Act sought to formalise and regularise various provisions commonly included by chancery lawyers of the day in mortgages, wills and other settlements.

It then passed to his son, also called John, who mortgaged it. In 1717 John West junior's widow Elizabeth and his mortgagees sold Hampton Poyle to Arthur Annesley, 5th Earl of Anglesey. In 1723 the Earl sold his Hampton estates to Christopher Tilson, a Treasury officer. It descended in the Tilson family until 1795, when John Henry Tilson sold it to Arthur Annesley, 1st Earl of Mountnorris.

The property had been established at some time prior to 1883 on Ngundjan tribal lands and was owned by Thomas Hungerford and sons. The Hungerfords placed the property on the market in 1889. It was stocked with 10,000 head of cattle at this time but it was estimated that it could carry up to 30,000 head. By 1913 the property had been put up for auction by the mortgagees.

Mr Lee owned and controlled both Aveling Barford Ltd and Perion Ltd. Aveling Barford owned a country house and 18 acres of land in Grantham, which it sold to Perion £350,000, rather than the £1,150,000 it had been valued for prospective mortgagees. Aveling Barford subsequently went into liquidation, and the liquidator sued to have Perion be declared a constructive trustee of the proceeds realised by Perion on the resale of the property.

He retained, however, till January 1804 his property in a house built by Richard Holdship on the works, which he had purchased from the mortgagees in 1769. On leaving the Worcester works in 1774, Hancock is next supposed to have gone to the Staffordshire Potteries. It is said that on losing his savings in a bank failure he concentrated on engraving in mezzotint. In the latter part of his life he was living in Bristol.

35 Two years later, the ship was sold to a ship breaker by mortgagees; Friere and Ankin attempted to repurchase the ship, but were unsuccessful. Tingira was broken up in 1941. Teenage trainees at the RAN's Junior Recruit Training Establishment (which operated at Fremantle naval base from 1960 to 1984) wore shoulder flashes bearing the name "Tingira" as a historical link with the training ship. Tingira Memorial Park, a small park on the Rose Bay waterfront, commemorates HMAS Tingira.

Recognition for O'Byrne's work came from the Royal United Service Institution, and in 1857 he was specially elected a member of the Athenæum Club. On the death of his cousin Georgiana O'Byrne, he succeeded to the Cabinteely estate, County Wicklow. In 1872, he was High Sheriff of Wicklow, and was M.P. for the county from 1874 to 1880. But the property to which he had succeeded was heavily mortgaged; the mortgagees foreclosed, and O'Byrne was left with little.

In January 1939, Queensland Trustees Limited, as mortgagees in possession, offered 17 Laurel Avenue for sale at auction. At this time the dwelling comprised four bedrooms, a large dressing room, drawing and dining rooms, sitting rooms, lounge, spacious front and side verandahs and sleep-out, and a well-appointed kitchen and bathroom. There is a suggestion that Frew had made extensions to the house, but this has not been confirmed. The property did not sell in January 1939.

The channel between the island and Hawkesbury was called the "Chenaille Escarté" (lost channel) by early French-Canadian settlers. An English corruption of the term, "Snye Carty", was later shortened to "The Snye" and came to represent the village. Nearby Hamilton Island was the location of an early gristmill and sawmill built by two Americans, Thomas Mears and David Pattee, around 1815. After having financial trouble, the properties were taken over by the mortgagees, brothers John and Robert Hamilton.

From 1852 Roseneath was bought by Charles Wray Finch, with six other parcels of adjacent land from Templeton's mortgagees, Gilchrist and Alexander. Finch was a businessman who later served as a member of the New South Wales Legislative Council. In 1854 he sold them to William Frederick Bassett, a medical practitioner and educationist, for a significant profit, suggesting Finch had built on the blocks or made major improvements to Roseneath.Lucas, Stapleton, Johnson and partners, 2016, 13 In 1856 Rev.

Lack of wider custom, the financial depression of the early 1890s, and the floods of 1893, nearly ruined Winterford. In 1897, he forfeited the Regatta to his mortgagees. Ultimately, the Regatta survived and flourished through a number of owners and lessees. A famous women's liberation protest took place in the public bar in 1965, when two women, Merle Thornton and Rosalie Bognor, chained themselves to the public bar footrail in protest at Queensland's restriction of public bars to men only.

The Danish nobles for some reason decided not to elect a successor. In 1332, Otto made an attempt to win the Danish crown, but was defeated by Count Gerhard III of Holstein on Taphed at Viborg on 7 October 1334. He was held prisoner in the Segeberg Castle. Upon his father's death and his failed attempt to seize the throne, Denmark ceased being a formal kingdom, and for the next eight years it was subjected by various mortgagees to German military rule.

The mine and line had only been operating again briefly when railway commissioners took control of the railway on 6 March 1893. Almost two years later, on 6 December 1894, the courts awarded the line to the mortgagees, but later that month, on the 24th, traffic again stopped. In 1895, the line was passed to new owners on 4 June and then six months later, NZR themselves purchased it on 19 December. The ownership disputes were finally settled and the line became the state-owned Fernhill Branch.

Daulia Ltd wanted to buy the premises on Millbank, London from Four Millbank Nominees Ltd, who were mortgagees in possession. Formal contracts were never exchanged, but Daulia argued they did obtain a unilateral contract by the first defendants that they would enter into a written contract of sale, if they attended Four Millbank's offices with a draft contract on terms already negotiated and a deposit. But when Daulia Ltd's representatives attended, Four Millbank refused to exchange. Daulia Ltd claimed breach of the oral agreement.

Bhutanese law includes normative definitions and procedures for attachment and perfection of security interests as well as types of security interests, such as purchase money security interests. The law also covers default, foreclosure, deficiency, redemption, and allocation of risk of loss in modern terms. Notably, non-citizens are prohibited from taking a security interest in immovable property without prior government approval. Also notably, Bhutanese law provides for tolling of interest for mortgagees while incarcerated, and extends some redemption rights to family members of the debtor.

Castalia as converted to a hospital ship, with the stern of at left In September 1881, Castalia was advertised to be sold the following month on the instructions of the mortgagees, Messrs Bailey & Ridley. The sale was advertised as taking place at the Captain's Room of the Royal Exchange, London on 20 October 1881. In May 1883, Castalia was sold to the Metropolitan Asylums Board for £5,500 and converted to a hospital ship with provision for 150 patients. She was converted at a cost of between £30,000 and £35,000.

In 1847 he was given notice to quit by the Hollis family, despite having done a good job, but he refused. F. W. Hollis eventually obtained most of the shares from the other family members, and started legal action to remove Bulpett. Railway competition had caused a sharp drop in receipts, from £1,012 in 1843 to £430 in 1861, and payments to shareholders and mortgagees ceased in 1850 and 1857. In 1863, Bulpett was replaced by Mr Clarke, formerly the manager of the Andover Canal, but Bulpett returned when he won the action brought by Hollis.

He was freed in 1626 on fresh sureties and won his protracted suit for the barony of Molahiffe in 1630 (although the lands were still in the possession of the English mortgagees in 1637). MacCarthy lived the remainder of his life in London, where he wrote a history of Ireland, Mac Carthaigh's Book, based on Old Irish texts. He wrote that, "although they [the Irish] are thought by many fitter to be rooted out than suffered to enjoy their lands, they are not so rebellious or dangerous as they are termed by such as covet it". He died in 1640.

There eventually appears to have been some dispute between the Campbells and later mortgagees who took over the loan in later years. Only in 1877, after taking the matter to the Supreme Court, were the Campbells to regain possession of Campbell's Wharf again. Robert Campbell senior was not to know anything of these travails regarding the wharf. On 11 October 1845, he drew up his will leaving his property in six parts to be divided amongst his sons John, Robert, Charles, George, and daughter Sophia Ives Campbell and Arthur Jeffreys, the husband of his daughter, Sarah.

The architect is unknown. The terrace was built as a rental property, the Queensland Undue Subdivision of Land Prevention Act of 1885 prohibiting the granting of titles to individual terrace houses. The enterprise reflected the economic optimism of the late 1880s, but within two years of construction Cook was declared insolvent and the terrace passed to his mortgagees. By 1895 the row was known as Milton Terrace, and with its river views and breezes and proximity to the centre of town, it remained one of Brisbane's more prestigious rental addresses until well into the twentieth century, attracting mainly professional and white- collar tenants.

Probably, the plan was to merge Sienkiewicza with the centre of mining and ferrous metallurgy. (Czarnów, Górki Szczukowskie, Karczówka) In 1823, the present Sienkiewicz Street, on the initiative of Marian Potocki, was named Constantine Street after the Grand Duke Constantine Pavlovich of Russia, the chief executive officer of the Polish Kingdom army. He was the most important personage in the Polish Kingdom and in fact (after the death of general Józef Zajączek) also the tsarist governor. Konstanty street was cobbled in order to enable water transport in case of fire and quicker and also because it led to government offices (mortgagees, post offices and school).

McCall, 4 La. Ann. 324, the court reviewed the cases on this subject and held that where a mortgage contained the pact de non alienando, a party that purchases the property from the mortgagor cannot claim to be in any better condition than such mortgagor, and cannot plead any other exception, and that any alienation in violation of the pact is null. These cases, and those cited in the note, establish that non alienando mortgagees may enforce mortgages by proceeding against the mortgagor alone, without regard to subsequent disposition of the property, and that this binds anyone relying on such a disposition. In the Avegnor case,and in the later case of Shields v.

Some of freehold land was purchased about 1879 by Mr Abel Harber, a wealthy brickmaker of that period. He built Heathcote Hall in 1887 and located it on the highest point of his land. The hall was designed by leading Sydney architectural firm, Rowe and Green, for a sum of .Anne Warr Heritage Consulting, 2017, 6 Unfortunately, following financial losses in connection with the building of the Imperial Arcade, Sydney, Harber abandoned Heathcote Hall for the benefit of his creditors. However the mortgagees who took possession in 1892 did not find the estate a disposable proposition, for New South Wales was then in the throes of the temporary financial collapse of the 1890s.

The bankruptcy of the original owner means that the freehold is no longer the bankrupt's legal property, and the disclaimer destroys the freehold estate, so that the land ceases to be owned by anyone and effectively escheats to become land held by the Crown in demesne. This situation affects a few hundred properties each year. Although such escheated property is owned by the Crown, it is not part of the Crown Estate, unless the Crown (through the Crown Estate Commissioners) 'completes' the escheat, by taking steps to exert rights as owner. However, usually, in the example given above, the tenants of the flats, or their mortgagees would exercise their rights given by the Insolvency Act 1986 to have the freehold property transferred to them.

These businesses grew to provide their clients with every product or service they might want right from employees or seasonal working capital to, in the person of a client's personal stock agent, close personal friend and personal confidant who regularly visited them, maintained the client's loyalty and kept them up to date with events in the community and their industry. His branch manager might often be unable to maintain an easy relationship with clients unable to fulfill their financial obligations. The branch manager's knowledge of his client's business activities was such and his control over the client's spending was such he could ration their spending on sugar and flour. They also act as local managers of properties on behalf of absentee owners deceased estates and mortgagees technically in possession of properties.

In 1838, the firm name was changed to Lyon, Calhoun & Co. After Lyon's retirement from the business, his interest was purchased by Henry K. Harral, the mayor of Bridgeport and the firm name was changed to Harral, Calhoun & Co. although Calhoun essentially ran the entire business. He established branch houses in Charleston, St. Louis, Cincinnati and New York. In 1875, upon the dissolution of Hoover, Calhoun & Co., he established the Peters and Calhoun Manufacturing Company, a stock company for the manufacture of saddlery in Newark, New Jersey in which he was the controlling owner with an office at 691 Broadway in New York. He also served as a director of the Farragut Fire Insurance Co., treasurer of the Central Coal Co., and trustee of the mortgagees of several railroad companies.

The case drew severe criticism for favouring the interests of banks and money lenders over people living in homes.See S Gardner, Introduction to Land Law (2007) 309 It was pointed out that although a bank's loan might have been necessary for a buyer to complete a purchase, a person who had an equitable interest through financial contribution had given value that was no less necessary for the purchase.See Smith, ‘Mortgagees and Trust Beneficiaries’ (1990) 109 LQR 545, 548-9, ‘Beyond £4000, however, George Cann had two overlapping sources of finance: the proceeds from the previous house and the mortgage. What logic or sense is there in saying that the mortgagee must have priority?’ Smith suggests that the sources of finance be given equal priority according to their quantum, although that could be difficult to quantify when there is a non-financial contribution.

In the United Kingdom, foreclosure is a little-used remedy which vests the property in the mortgagee with the mortgagor having neither the right to any surplus from the sale nor liability for any shortfall. Because this remedy can be harsh, courts almost never allow it especially if a large surplus is likely to be realised, furthermore when a substantial surplus is unlikely to be realised then mortgagees are disinclined to seek foreclosure in the first place since that remedy leaves them no recourse to recover a shortfall. Instead, the courts usually grant an order for possession and an order for sale, which both mitigates some of the harshness of the repossession by allowing the sale while allowing lenders further recourse to recover any balance owing following a sale. The United Kingdom foreclosure system is unique and true foreclosures are quite uncommon.

This Act came into force on 25/09/1950 by Bihar Government of India. As per this Act, all the proprietors, mortgagees, lessees and tenure-holders in land, including interests in trees, forests, fisheries, jalkars, ferries, hats, bazaars, mines and minerals have to be transferred it to the State Government With the help of this act, the state government of Bihar on 02/05/1953 issued a notification under Section 3(1) of the Bihar Land Reforms Act that the entire Shikharji Hill will hence forth be rendered as state's property. Jains believe as a fall out of this newly enforced act, activities like Tree Plantation, Pig farming, Cultivations, Building of Sanatorium, Helipad, tourist resorts etc. could find a way to flourish on the Holy Hill. Despite a clear mention of the following point in chapter I, section 4 (f) of the Bihar land reforms act- “ ….

Red cedar used in the panelling in the dining and drawing rooms reputedly came from Wivenhoe in the Brisbane River Valley and was milled at Woodlands. Cabinet maker and joiner Joseph Klee is understood to have worked on the timber panelling for over a year. In the 1890s, economic depression, falling sugar prices, unreliable rainfall, and government encouragement to dairy farmers, led to a decline in sugar cultivation in the Marburg district. TL Smith took out a substantial mortgage on his property in 1897, and in January 1906 the Woodlands Estate was subdivided and put up for sale by order of his mortgagees. At this time the estate comprised 29 improved scrub farms, a large sugar mill (to be sold with farm no.22), 1¾ miles of sugar tramway, 38 iron cane trucks, distillery, saw mill, milking herd, numerous small sheds, 12 small cottages and Woodlands Homestead, offered on about 7 acres with an orchard of fruit trees and olives.

The 1790s were a period of prosperity for the navigation, as trade increased. In 1796 George Knowsley, a banker who was one of the mortgagees, proposed further improvements, but although William Chapman produced plans, they were considered too expensive. Two years later, the commissioners were working with William Wilberforce, their local Member of Parliament, to ensure that the proposals for the Beverley and Barmston Drainage Bill would not adversely affect them. In 1797, they considered again the problems posed by the small opening beneath Hull Bridge, and although Beverley Corporation initially said that they would never alter it, an agreement was reached after protracted negotiations, and in July 1801, an Act of Parliament was obtained to authorise its replacement. The new bridge was operational by April 1804, half the cost having been met by Richard Bethell, owner of the Leven Canal, on condition that the tolls for passing beneath the bridge were significantly reduced.

The park, consisting of of Clapham's land between Queens Road and Hyde Park Road, was purchased jointly by a group of his mortgagees – William Ingham, an upholsterer, Thomas Hattersley, a spindle maker, and Richard Robinson, a linen merchant, all of Leeds. After a year, Hattersley bought the other two out for £3,333 in 1875. In the same year, he sold off the top 10 acres to the newly established Leeds Horticultural Gardens Company for £13,000 to continue in use as a park, and commissioned the Leeds architect Thomas Ambler to lay out the lower half of the estate for housing. The plan showed a network of streets to receive small terraces mainly parallel to Queens Road, which had not yet been sewered or paved, and a number of plots to receive a better class of houses facing Brudenell Road – the original name of Clapham Road was dropped about this time as the Victorians appeared not to like streets named after businessmen who were failures.

Rent control and security of tenure were first introduced on 23 December 1915 with the Increase of Rent and Mortgage Interest (War Restrictions) Act 1915 and were intended to be temporary measures (due to expire six months after the end of the First World War) to deal with excessive increases in rents caused by the wartime housing shortage due to the cessation of building. The Act attempted to remedy this evil by restricting the right of landlords to eject their tenants and prevented them from raising the rent except for limited purposes. At the same time, in fairness to the landlords, mortgagees of houses controlled by the Act were prevented from increasing the rate of interest and restricted in their rights to enforce the security. This was the first comprehensive European enactment controlling rent; since then many other Acts have been passed in Great Britain, and of course, in other European countries.

Following the death of Daniel Towers Shears a dispute concerning his estate arose between Frances Shears (probably his daughter) and his wife's family, the reasons for which are not clear. His assets were ordered to be sold by the Court of Chancery and a series of sales took place in 1867 of the premises of the company and its stock, stores and equipment.A detailed description of the plant and premises at this date is given in a series of advertisements in The Times 30 March 1867, p 14a, and 5 October 1867, p 12d; the stock of metals etc are detailed in The Times 17 June 1867 p 16d Whatever the outcome of these sales the company continued to trade under its original name and was controlled by Daniel's son William Shears. It remained at 17 and 27 Bankside, described as coppersmiths, engineers and millwrights, until 1891 when a sale of its assets by order of the mortgagees took place.

For some years the P&DR; line was the only significant line in the area: but in 1843 the South Devon Railway (SDR) deposited plans for its proposed line from Exeter to Plymouth. When the Bill was presented in the 1844 Parliamentary session, it contained the statement that "Messrs John and William Johnson are in possession of and claim to be entitled as mortgagees or assignees to the said Plymouth and Dartmoor Railway ... " This was the de facto position, and the P&DR; proprietors were unable to have the clause containing the words removed. The section from Plympton to the junction near Marsh Mills was sold to the SDR and closed in 1847 to allow them to construct their main line without the necessity of making a crossing of the P&DR.; Lord Morley seems to have acquiesced in this; his china clay traffic from Lee Moor used Plympton as a railhead and he may have considered the SDR a more efficient carrier from there to Plymouth.

It may, however, be contended (though it is not by the counsel in this case) that the revised charter of 1871 introduced new impositions additional to the mere water rent, such as authorizing a penalty to be imposed by the Board of Public Works, if payment of the water rents were not made by a certain time, and a heavy rate of interest on rents continuing in arrear. But we look upon these provisions as merely intended to enforce prompt payment and as incidental regulations appropriate to the subject. The law which authorized these coercive measures gave to mortgagees and judgment creditors the right to pay the rents and to have the benefit of the lien thereof, so that it was in their own power to protect themselves from any such penalties and accumulations of interest. They are analogous to the costs incurred in the foreclosure of the first mortgage, which have the same priority as the mortgage itself over subsequent encumbrances.

He died in February 1931. Lot 6 of the subdivision had been transferred to his wife and daughters in 1928 and after his death the mortgagees continued to sell the various allotments. Endrim was surrounded by gardens and a driveway also swept around the building. The house continued to occupy a large site, and area of over 1 acre made up of Lots 3-5 and part of Lot 2 of the subdivision. In 1934 this was bought by Millicent Lydia Bryant, wife of Harold Leslie Bryant, medical practitioner of Parramatta. The property was again transferred to Dale Building P/L in 1963 and in the same year to Horwood Investments P/L of Canberra. H. V. Horwood had been Mayor of Parramatta in 1954-5. A Sydney Water Board plan dating from the 1930s shows the large site and house and that a number of detached houses, including a house on the corner allotment, Lot 1 (now 56 Sorrell Street) had been built on the subdivided allotments by this time.

Decisions of the final court of appeal demonstrate that the application of the Convention to the property relations of non-governmental persons is a challenging task, requiring the clearance of multiple hurdles.Modern Studies in Property Law - Volume 3 p.165; Professor Elizabeth Cooke, (Ed.); 2005; Hart Publishing, London and Portland, Oregon In Manchester City Council v Pinnock the Supreme Court eventually accepted that HRA Art 8 created a freestanding statutory defence to a possession claim in respect of a person’s home. It clarified that the meanings of Art 8 ECHR and Art 8 HRA 1998 Sch.1 in the context of lender's repossession as to a home are identical and therefore perhaps also any sale. It used Section 3 of the Human Rights Act 1998 to interpret a pre-1998 statute purposively."Sorry, we've sold your home: mortgagees and their possessory rights" Professor Martin Dixon The Cambridge Law Journal [1998] 58(02):265 - 293 especially at 281 This latter case was made trite law by the European Court of Human Rights in: Kay v United Kingdom [2011] H.L.R. 2 stating: > 68\.

Neale assisted on a number of organisations: Nelson Provincial Chamber of Commerce Secretary (1920–1955),A historic look... p23, 2008 Annual Report, Nelson Tasman Chamber of Commerce Nelson Automobile Association (Secretary 1923–?), Nelson Progress League (1923–?), Municipal Association of New Zealand (President 1947–1948), Cawthorn Institute (Board member representing the Nelson City Council 1943–?,Transactions and Proceedings of the Royal Society, Vol 74 1944-45, XXIV, The Nelson Institute Secretary 1946), National Patriotic Fund (1941–?), the New Zealand Road Safety Council (1947–?), and the Nelson Fire Board (13 years). In 1930, Neale was appointed as a Justice of the Peace (JP). In 1932, he, along with Arthur Rutland Edwards of Motueka and George E Manson of Stoke, was appointed to the Nelson Mortgagors' Liabilities Adjustment Commission under the Morgagors' Relief Amendment Act 1931 by the Minister of Justice, John Cobbe.Mortgage relief to assist Courts - District Commissions - personnel announced pg 9, Evening Post, 16 February 1932 With a change of Government and legislation all three were reappointed under the Mortgagees and Lessees Rehabilitation Act 1936 by the Attorney-General Rex Mason.Debt Adjustment - more commissions appointed - clearing up work pg 12, Evening Post, 18 May 1937 The purpose of the commissions was to assist the Supreme Court in the adjustment of mortgages, a relief measure because of the Great Depression.