Supreme Court of Vermont April 15, 1834 (Reed v. Shepley)

The opinion of the court was delivered by

Collamer, J.

— Mortgagors are estopped to deny the title they have created in the mortgagee. When any part of the purchase money is due, the mortgagor becomes, sub modo, tenant at will to the mortgagee, and as tenant, is not permitted to deny his landlord’s title.