New Jersey Court of Chancery February 15, 1861 (Vanderhaize v. Hugues)

The Chancellor.

The material facts, so far as regards the present application, are not disputed. The bill ©harges, and the answer- admits, that although the conveyance of the premises in dispute made by the complainant to the defendant is absolute upon its face, it was in reality a mortgage, being given to secure the repay*245ment of §3000, by the complainant to the defendant, with interest, in