In re Kirton - [1919] NZLR 138

Chose in Action — Agreement to mortgage Life Policy and Land — Absolute or Conditional Assignment — Subsequent Mortgage of Land with Variation of Terms — Sale of Land by Mortgagees — Partial Payment of Loan from Proceeds — Claim by Mortgagees for Balance after 20 Years — Whether Right under Agreement barred by Statute of Limitation — New Zealand Government Insurance and Annuities Act, 1870, s 5 — Property Law Act, 1908, s 46 — Real Property Limitation Act (3 & 4 Will IV, c 27), s 40.