"Mortgager" Quotes from Famous Books
... lifetime; and, if he does reclaim it, there is no tenant to be had now; so that the building decays, and in a very short time becomes an incumbrance. Mortgages only thrive where the demand is superior and certain to the investment; and then, if all goes smoothly, mortgager and mortgagee may benefit; but where a mechanic or a storekeeper, with little or no capital, undertakes to run up an extensive range of houses to meet an equivocal demand, the result is obvious. ... — Canada and the Canadians - Volume I • Sir Richard Henry Bonnycastle |