First in point of time and interest comes the mortgage debt, i.e. the claim for the return of money lent on the security of some tangible object. Such claims are among the earliest fruits of a commercial civilization, and are nearly always affected the same way, viz. by the deposit or pledge of the security with the creditor, to be redeemed or returned on the payment of the debt.
Edward JenksThe man who has been wounded by a chance arrow must not shoot at sight the first man he happens to meet.
Edward JenksWhatever else the Norman Conquest may or may not have done, it made the old haphazard state of legal affairs forever impossible.
Edward JenksBut then a daring evasion by a leading conveyancer, known as the Lease and Release, received judicial sanction; and commenced a successful career of more than 200 years. The Lease and Release, attributed to Serjeant Moore, was based on the fact that the Statute of Inrolments did not apply to terms of years.
Edward Jenks