Summary

Samuel Blatchford Shepherd v. Pepper — Opinion of the Court

It does not pray that an officer of the court shall make the sale, or that the truste to be appointed by the court shall make the sale under any power to be given to him by the court, but it prays that he may execute the trusts under the deeds of trust. Moreover, the decree of May 12, 1879, declares that it is made 'without prejudice to all other rights of defendant.' This reserved the right of Shepherd to be heard on the question of the right of Pepper to foreclose under the deeds of trust.
Source: Wikisource

Samuel Blatchford Shepherd v. Pepper — Opinion of the Court

Gray such portion of the proceeds of sale as should be determined to be the value of her interest in sublot A, upon testimony as to the relative values of the two properties, gave to her all that she was entitled to in equity. As to the rents and profits, the opinion said that whereever property subject to a lien has been brought within the domain of a court of equity, and a receiver of it is appointed, the rents and profits in the hands of the receiver will be applied, along with the corpus of the fund, to satisfy the lien, after paying charges such as taxes and insurance
Source: Wikisource

Samuel Blatchford Shepherd v. Pepper — Opinion of the Court

Gray, as to all of the real estate referred to in her deed of trust, and ought to be enforced, either by reforming the first two deeds by including therein all of the real estate embraced in the deed in favor of Mrs. Gray, or by enforcing the lien of Pepper on lot 3 as an equitable mortgage prior to any rights of Mrs. Gray therein; that, after Pepper had so advanced to Shepherd the $45,000, he learned for the first time that Shepherd, when he executed the first two deeds, had only a tax-title to sublot A, in sequare 164
Source: Wikisource

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