Aicardi v. Craig
Aicardi v. Craig
Opinion of the Court
The following, among other facts, are substantially established by the evidence :
The executors of Alanson Saltmarsh, deceased, sold} under a mortgage to their testator, a house and lot situate in the town of Cahaba. J. Shepherd Diggs became the purchaser at said sale. Before paying the purchase-money for, or receiving a deed to the premises, Diggs made a verbal agreement with appellant, Aicardi, to sell and convey the premises to him, at an advanced price; and by the terms of this agreement, Aicardi was to receive a good title to the premises on the payment of the purchase-money by him to Diggs. A deed conveying the premises to Diggs, was prepared by the executors of Saltmarsh, and entrusted
Appellee had at the time, a subsisting judgment in his favor against Diggs, which had been recovered in the circuit court of Dallas county, and which was a general statutory lien upon all the property of the latter, in the State. Appellee, though present, and witnessing the delivery of the deed from Diggs to Aieardi, remained silent as to the existence of his judgment against the former ; but nothing was said or done by him in relation to the trade between Aieardi and Diggs, in which transaction he had no participation whatever.
The principal question for our consideration is, whether, under the circumstances, the lien of the appellee’s judgment attached to the premises during the seizin of Diggs ?
The payment of the purchase-money by Aieardi to Diggs was prior in point of time to the acquisition of the title by Diggs; and the payment was made with the distinct understanding between Aieardi and Diggs, that it was for the purpose of enabling the latter to procure the title for immediate transmission to the former. Under these circumstances, a court of equity must regard the transitory seizin of Diggs, as being in trust of Aieardi, and that the prior equity of Aieardi prevented the lien of the judgment from
The ruling in equity is, that from the time of a sale of land, “the vendor becomes a trustee of the title for the vendee, as the latter is a trustee of the purchase-money for the former. In each instance, a lien is created upon the estate for the money. This lien will prevail against a judgment creditor of the vendor intervening between the time of the agreement to convey and receipt of the consideration money, and the actual conveyance.” — Mooney v. Dorsey et al., 7 Sm. & Mar. 15, and authorities there cited. See, also, 4 Kent’s Com. 152 ; Moyer v. Hinman, 8 Kernan, 180; Scott v. Warren, 21 Geo. 408; Louisburg v. Purdy, 11 Barb. Sup. Ct. 490 ; Hay v. Taliaferro, 8 Sm. & Mar. 727 ; Eslava v. Lepretre, 21 Ala. 573 ; Gully v. Ray, 18 B. Monroe, 107.
But it is contended that the contract between Aicardi and Biggs, for the sale of the premises by the latter to the former, was void under the statute of frauds, and that consequently, Aicardi could acquire no equity under it.
The enforcement of a contract not made in conformity to the requirements of the statute of frauds, may be prevented ; but there is nothing in the statute to prevent the voluntary execution of such a contract, nor to annul it when executed. — Sawyer v. Ware, 36 Ala. 675, and authorities there cited. It results that this position of appellee is untenable.
It is the right of a party to go into equity, to remove a cloud which hangs over his title, either by an actual or threatened sale of the land to another. — Burt v. Cassety, 12 Ala. 734.
The bill in the present case would have equity for this purpose, even if, under the circumstances, no title to the land would pass by a sale under the judgment.
It is unnecessary to consider any other question presented by the record.
The decree of the chancellor must be reversed, and a
Appellee must pay the costs of the court below and of this court.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.