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Vernon had taken out a £278 mortgage on the land, and on 5 March 1729 he assigned the mortgage to Mr Bethell, to whom he sold sugar, and got from him further loans of £5000 to £6000. On 23 April 1738 Bethell requested repayment of sums owed, by then £9541 9s 1d, or the enforcement of the security by taking possession of the land, but still ...
Mortgages in English law are a method of raising capital through a loan contract. Typically with a bank, the lender/mortgagee gives money to the borrower/mortgagor, who uses their property/land/home as security (essentially a reassurance) that they will repay the debt and any relevant interest.
Arms of the Baron Henley: Quarterly: 1st and 4th: Gules, on a chevron argent between three garbs or banded vert as many escallops sable (Eden); 2nd and 3rd: Azure, a lion rampant argent ducally crowned or a bordure of the second charged with eight torteaux (Henley). Lord Henley is the eldest son and fourth child of the 7th Baron Henley and his ...
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Over the 18th century English property law, and trusts with it, mostly came to a standstill in legislation, but the Court of Chancery continued to develop equitable principles notably under Lord Nottingham (from 1673–1682), Lord King (1725–1733), Lord Hardwicke (1737–1756), and Lord Henley (1757–1766).
The first creation came in 1760 in favour of Sir Robert Henley, Lord High Chancellor of Great Britain, when he was created Lord Henley, Baron of Grainge, in the County of Southampton. [2] In 1764 he was further honoured when he was made Earl of Northington . [ 3 ]
This was the mortgage by conveyance (aka mortgage in fee) or, when written, the mortgage by charter and reconveyance [8] and took the form of a feoffment, bargain and sale, or lease and release. Since the lender did not necessarily enter into possession, had rights of action, and covenanted a right of reversion on the borrower, the mortgage was ...
Robert Henley, 1st Earl of Northington, PC (c. 1708 – 14 January 1772), was the Lord High Chancellor of Great Britain. He was a member of the Whig Party in the parliament and was known for his wit and writing.