New Jersey Court of Chancery December 8, 1932 (Riverside Trust Co. v. Dietrich)

This is a foreclosure proceeding based, not upon a bond and mortgage, but upon notes for which deeds were executed as security. The defendant George C. Dietrich became indebted to complainant on a note dated April 20th, 1922, for $10,000 and on another note dated May 3d 1926, for $1,000. The sum of $2,239.61 was paid on account of the principal of the first note and nothing upon the other.