Brown v. Winter & Sherry
Brown v. Winter & Sherry
Opinion of the Court
delivered the opinion of the Court—Terry, C. J. concurring.
Ejectment for a lot in Jackson.
Sloan & Bowman owned this property in 1854, and on the 14th of August of that year, they executed a mortgage on it to one E. M. Howard, to secure one thousand five hundred dollars. Afterward they executed another mortgage to the plaintiff, Brown, on the same property. Later—in 1855—Sloan conveyed his interest in the property to Yolney Smith—the deed declaring that the interest in the real estate sold was subject to the two mortgages. In October, 1855, Smith sold to the defendant, Winter, the deed containing the same recital as the last. In February, 1856, a judgment or decree of foreclosure was rendered in favor of Howard on this first mortgage, and the property was sold under it. Winter, the defendant, became the purchaser under the Sheriff’s sale, and in due time obtained his deed and was let into possession. In June, 1856, a foreclosure of the second mortgage was had. Plaintiff, Brown, became the purchaser, and in March, 1857, obtained a deed, and now on this title brings his suit against the first purchaser.
The Appellant contends that Winter having purchased before foreclosure of Sloan’s vendee, (Smith,) subject to the second mortgage, (Brown’s,) he stood in the position of Sloan; and that when the mortgage of Brown was foreclosed, and Brown became the purchaser, he acquired the title.
But the Appellant’s argument, though quite plausible in itself, and deriving apparently some countenance from the cases he cites, does not support the case now before us. If the plaintiff has any remedy on the facts in the agreed case, it is very clear it is not by a common law action. The defendant tracing his title through the first mortgage, and foreclosure of it at Sheriff’s sale, and being in possession, cannot be dispossessed in ejectment, upon the facts set up by the plaintiff. It may be true that the defendant, by his purchase of the equity of redemption, bound himself to pay the mortgagor’s debt, as he bought subject to the mortgage; but this obligation ran to the first mortgagor himself, and we do not see how any one else could enforce it. The mortgagee had no direct claim upon this vendee to pay this money; he certainly had a right to go on the land and sell it for
But he cannot set up these equitable facts in ejectment against the legal title and possession under it.
The cases in Illinois, 11 and 13, do not militate with this view. Those cases were in equity—as was also the case recently decided in this Court from Nevada, (Kelsey v. Abbott & Edwards.) The doctrine there held is, simply, that a party in possession, and bound to pay money due for taxes, and failing to do so, and buying in the property, cannot hold it as. against the assessed, for whom he is Trustee.
This view renders it unnecessary to consider the question whether a party buying an equity of redemption subject to a mortgage, assumes the payment of the mortgage debt, (see 2 Denio, 598; 16 Barb. 21; 7 Paige, 591—594; Id. 248); for, whether he does so assume or not, it is very clear that no one but the vend- or or his mortgagee could enforce the obligation. If, with their assent, the mortgage debt was paid through a sale of the premises to the vendee, or if they waived the right to enforce the obligation as a personal duty, and looked to the land for security, the sale would pass to the vendee the legal title ; and if the second mortgagee had a claim on the land on the assumpsit of the vendee, he must proceed in equity to enforce it. The plaintiff’s mortgage only gave him a lien on the equity of redemption, or a lien secondary and subordinate to the first mortgage; and he certainly acquired by his foreclosure no better title than his own mortgage
Judgment affirmed.
Reference
- Full Case Name
- BROWN v. WINTER & SHERRY
- Status
- Published
- Syllabus
- S. & B. in 1854, execute a mortgage on their property to H. Subsequently they execute another mortgage on the same property to plaintiff. Later—in 1855— S. conveys his interest to Y. the deed declaring the interest to he sold subject' to the two mortgages. Later, Y. sells to defendant, W. the deed containing the same recital as the last. In February, 1856, a decree of foreclosure of the first mortgage to H. sale of the property thereunder, defendant W. the purchaser, and in due time, a Sheriff’s deed to him, and possession. In June, 1856, foreclosure of the second mortgage to plaintiff, sale thereunder, plaintiff, the purchaser, and in March, 1857, Sheriff’s deed to him. Held, that plaintiff cannot maintain ejectment against defendant, W. on his Sheriff’s deed; that defendant, claiming title through foreclosure of the first mortgage, and being in possession, cannot be dispossessed by B. If plaintiff has any remedy against defendant, because of the recital in the deeds named, it is in equity. Assuming that, hy the recital, defendant became bound to pay plaintiff’s mortgage debt, still he had a right to pay it by a sale and purchase under the first mortgage. Query, whether a party buying an equity of redemption subject to a mortgage, assumes the payment of the mortgage debt. However this may be, clearly no one but the vendor or his mortgagee can enforce the obligation ? And if, with their consent, or a waiver by them of the right to enforce the assumpsit as a personal duty, with the intention of looking to the land alone as security, the mortgage debtds paid by sale of the premises to the vendee, such sale passes the legal title. And the second mortgagee must go into equity, making all persons connected with the two mortgages, parties, if he really have any rights.