Mortgages

NZ Truth, Issue 1240, 5 September 1929, Page 11

Mortgages

. Q.: I have a; mortgage loan for a period of 17 years. Can I pay it off now?— " Careful" (Stratford). A.;. Unlefes the mortgage gives you power to pay off the principal at any time, upon giving notice, you be unable without the consent of the moitgagee to repay except by paying the full interest for the remainder of the term. Jf thc mortgage is a Government one, you will be able to repay pn reasonable terms. General Q.:. I. sent a sum of money to, a' coriipany, asking them to $end certain goods. I later received a receipt and a notification that, the- goods Were being despatched. Some tlrn^ afterwards I received a letter to the effect that the company had gone into liquidation and that I would rank as an ordinary creditor m the winding up. Am I entitled to my money, back? — "Dairy" (Ashburton). A.: No, you will have, to accept whatever dividend is paid. Q.: Can a publican stock and; sell tobacco when there is a store m the village supplying, the needs of the public?— "Tobacco" (Wairoa). A.: Yes. Q.: I live - with a woman without being married to her.. , If she dies, must ] register her death m her true" name? Do : 1 succeed on her deiath to any of her 'property? If &he gave me' any money when- we started living together, must I refund it if. she decides to leave me? — "Constant Reader" (Auckland). A.: The correct circumstances must be disclosed or you will be prosecuted for false declaration. You have hb claim on her intestacy, but she can, of course, will her property to you. If the money were given she cannot recover; if it were a loan she wpiild not be able to recover if the consideration were the immoral relationship. Q.: Are there any laws, preventing me from teaching ventriloquism by postal courses ?t- ! ' Ventriloquist" (Bulls). A.: There are no special '"-laws. But you should be prepared to prove that wnat you are professing to do is possible; Otherwise