In re A Mortgage Pearce to Sansom - [1951] NZLR 331

Land Transfer — Mortgage — Mortgagee's Remedies Statute-barred — Discharge by Court — Mortgage registered under Deeds Registration System — Land subsequently brought under Land Transfer Act — Default by Mortgagor continuing for Over Twenty Years — Mortgaged Land transferred by Mortgagor — Application by His Successor in Title for Order discharging Mortgage — Court's Discretion as to Limitation of Time — Court exercising Discretion to discharge Mortgage — Statutes Amendment Act, 1936, s 43.