1. Home
  2. Browse Decisions
  3. A.2d
  4. 125 A.2d
  5. 125 A.2d 683 (1956)
 

McALBURT CORP. v. EQUITABLE LIFE INSURANCE CO.

Nos. 1851, 1852.

125 A.2d 683 (1956)

The McALBURT CORPORATION, a body corporate, and Barclay Associates, Inc., a corporation, Appellants, v. EQUITABLE LIFE INSURANCE COMPANY, a body corporate, Appellee. The McALBURT CORPORATION, a body corporate, Appellant, v. EQUITABLE LIFE INSURANCE COMPANY, a body corporate, Appellee.

Municipal Court of Appeals for the District of Columbia.

Decided October 5, 1956.

Attorney(s) appearing for the Case

H. Max Ammerman, Washington, D. C., for appellants.

Andrew T. Altmann, Washington, D. C., for appellee.

Before ROVER, Chief Judge, HOOD, Associate Judge, and CAYTON (Chief Judge, Retired) sitting by designation under Code, § 11-776(b).

HOOD, Associate Judge.

Appellants borrowed large sums of money from appellee, giving therefor their promissory notes secured by deeds of trust. The notes, dated May 11, 1953, provided for monthly payments over a period of twenty years and contained the following provisions:

"The privilege is reserved to make additional payments on principal (provided each such additional payment is made together with a regular monthly payment on or before and with interest...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases