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Mortgagee   Listen
noun
Mortgagee  n.  (Law) The person to whom property is mortgaged, or to whom a mortgage is made or given.






Collaborative International Dictionary of English 0.48








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"Mortgagee" Quotes from Famous Books



... seeing visions; comely, bitter Nesta, his wife; simple, loyal Reuben, Jeffrey's friend, whose rejection of Nesta Kenar's overmastering passion turns her love to hate; Reuben's gentle wife, Ruth; and that sleek mortgagee, Silley, for whom men like Reuben toil that he may grow fat, nominally owning their vessels, actually in heavy bondage to their shrewd exacting masters. There are dark and deep waters of passion ...
— Punch, or the London Charivari, Vol. 146, February 25, 1914 • Various

... "L15,000 of the purchase money I found myself. The other L20,000 I raised on mortgages of the estate, and although that mortgage would be invalidated by the proof that I had no power to give it, the mortgagee would, of course, fight the question, and the whole matter would ...
— A Girl of the Commune • George Alfred Henty

... this. A, wishing to drain his land, had not "saved" enough to do it; B has saved, and A, borrowing his "saving," holds it for a time in his shape of drainage. If he can continue to pay interest and gradually "save" to pay off the capital, he will do so; if not, as in the case supposed, B, the mortgagee, will foreclose and legally enter upon his savings in the shape of "drainage" which he really owned all along. But even if A in this case were rightly accused of over-consumption, this over-consumption must be considered as balanced by the under-consumption of B, so that as regards the community ...
— The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson

... time of executing the mortgage to execute also a bond or promissory note in favour of the creditor for the amount of the debt. This is called a MORTGAGE NOTE. Mortgages are frequently given in cases where there is a debt existing to secure or indemnify the mortgagee against some liability which he may possibly incur on behalf or for the benefit of the mortgagor. For instance, when a man has indorsed another's note for the latter's accommodation or gone on his bond as surety the latter may execute to the former a mortgage of indemnity. The power of a corporation ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... storm raging within his breast. All the annoyances incidental to building a house were heaped on Morris, and both he and Rashkin, equally, suffered petty blackmail at the hands of the attorney and the architect for the building-loan mortgagee. ...
— Potash & Perlmutter - Their Copartnership Ventures and Adventures • Montague Glass

... not for reverence due From such as I to such as you, I really could not choose but swear To think that e'en a millionaire, With piles enough of brick and stone To make a city of his own, And broad domains in simple fee, Or held in pledge as mortgagee, And scrip whose outspread folds would cover His native Hesse-Darmstadt over; Should have withal the hard assurance To hold a Son of Song in durance. Why, as I lately sauntered out To see what Gotham was about, Just below NIBLO'S, west southwest, In a prosaic street at best, ...
— The Knickerbocker, or New-York Monthly Magazine, May 1844 - Volume 23, Number 5 • Various

... non-payment of a poll tax,—an act which obviated many of the evils of double taxation by providing that, when any person has an interest in taxable real estate as holders of a mortgage, given to secure the payment of a loan, the amount of which is fixed and stated, the amount of said person's interest as mortgagee shall be assessed as real estate in the city or town where the land lies, and the mortgagor shall be assessed only for the value of said real estate, less ...
— The Bay State Monthly, Volume 3, No. 4 • Various

... Forster such manuscripts of my published works as may be in my possession at the time of my decease. AND I DEVISE AND BEQUEATH all my real and personal estate (except such as is vested in me as a trustee or mortgagee) unto the said Georgina Hogarth and the said John Forster, their heirs, executors, administrators, and assigns respectively, upon trust that they the said Georgina Hogarth and John Forster, or the survivor of them or the executors or administrators of ...
— The Life of Charles Dickens, Vol. I-III, Complete • John Forster

... attention to town business. During the next year he was sued for debt, and had to produce a writ of habeas corpus to keep himself out of jail. In 1899 he tried to recover his wife's mortgaged property of Ashbies from the mortgagee's heir, John Lambert, but the suit was not tried till eight years later. Soon after this the son must have begun to send to Stratford substantial support. In 1592 John Shakespeare was made an appraiser of the property of Henry Field, a fellow-townsman. ...
— An Introduction to Shakespeare • H. N. MacCracken



Words linked to "Mortgagee" :   mortgage holder, creditor, holder, mortgage



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