97 US 624 Howland v. Blake  97 U.S. 624  24 L.Ed. 1027   October
Term, 1878   The facts are stated in the opinion of the court.
The case was argued by Mr. D. G. Hooker for the appellant, and
by Mr. John T. Fish for the appellee.  MR. JUSTICE HUNT
delivered the opinion of the court.   This suit was commenced in
1873, and the claim may be stated thus: In 1857, Isaac Taylor
loaned to Eugene Howland, upon a mortgage, the sum of $7,000, to
enable him to complete the erection of certain buildings upon
premises in the city of Racine, the entire cost of which was
about $24,000, and which when completed produced an annual rent
of $2,200.   Soon after the buildings were completed an
agreement was made between the parties, which was carried out,
that the possession of the property should be surrendered to
Taylor, who should enter into possession and receive the rents,
until the net proceeds thereof should pay the principal and the
interest of the mortgage.   In 1861, while thus in possession,
Taylor commenced a suit to