Hannahan v. Nichols
Hannahan v. Nichols
Opinion of the Court
By the Court.
delivering the opinion.
The demand, in this case, was a debt for $1100, secured by a promissory note. It was one, therefore, on which Nichols, the principal in the note, might have been held to bail at Law.
The bill, therefore, contains no equity for a ne exeat regno. Hannahan, by selling the slave to Nichols, and taking Nichols’ note for the payment of the price, parted with all title to the slave. He retained no lien on the slave for tie purchase-money. The result of the transaction was to make him, Hannahan, a creditor, a mere creditor of Nichols’, and of Nichols’ surety, and to make these latter debtors mere debtors of him. The bill does not pray for a rescission of the contract, on the ground of fraud or on any ground — on the contrary, it insists on the rights given by the contract. On a rescission of the contract, the title to the slave would, of course, revest in Hannahan. But whether, if the bill were one for rescission, the facts of it are such as to warrant an application for a receiver or other expedient for securing the property, i. e. the slave, pending the litigation, this Court is not called upon to decide.
The case, as made, is one in which the complainant shows no right, title or interest in the slave, for the forthcoming of which he prays the Court to compel the defendant to give security; and to such a case as that the quia timet principle has
The quia timet power of a Court of Equity is quite a. vague one, (and therefore a dangerous one) but it has never, as far as I can find, been applied to such a case as that made by this bill. This Court will not be the first to extend it to such a case. (1 Maddock’s Ch. P. 218. Story’s Eq. Jur. “ Bills quia timet.”)
But if the bill has in it no equity as a bill for a ne exeat and none as a bill quia timet, it has in it no equity at all. Whatever other relief a Court of Equity could grant, can be equally as well granted by a Court of Law, and granted in the suit on the note already pending in a Court of Law — the Court below.
The Court below was right, therefore, in dismissing the bill for the want of equity.
Reference
- Full Case Name
- James A. Hannahan, in error v. James W. Nichols, in error
- Cited By
- 1 case
- Status
- Published