Peck v. Inlow
Peck v. Inlow
Opinion of the Court
delivered the Opinion of the Court.
D. W. McIntire executed a mortgage to Inlow, on va- . , . nous articles or goods in his possession, to secure the payment of two notes, which Inlow held on him, amount-¡nor in the aggregate, to two hundred and forty two dollars fifty cents. Judgments were afterwards recovered against McIntire, in favor of several persons, and executions taken out thereon, and placed in the hands of Peck, as deputy sheriff, who levied the same on the propel'ty mortgaged.
On the day of sale, Inlow attended with his mortgage and exhibited the same to the deputy, and required him to sell subject to it.
The plaintiffs in the execution also attended, with their lawyer, and upon consultation, they instructed him to sell the property absolutely, without regard to the mortgage — promising to indemnify him. He did sell the absolute estate, and deliver the articles sold to the purchasers. This suit in trover was brought by Inlow agaiust Peck, the deputy, and some of the purchasers at the sale, who were the plaintiffs in the execution, and judgment recovered against Peck for the aggregate amount 0f the mortgage debt, it being less than the value of the goods sold; and a motion fora new trial having been overruled, Peck has brought the case to this Court,
Several opinions of the lower Court, given in the progress of the trial, in excluding evidence, and in instruetions to the jury, are questioned. Without enumerating them, we would remark that, though the reason assigned for tbe rejection of McDonald’s testimony was not good, the rejected testimony tended in no degree to prove fraud in the execution of the mortgage deed, nor any
The mortgage being valid — and nothing has been shown in this cause to establish its invalidity — the sale, of the absolute estate without regard to the mortgage was most obviously improper.
Peck, the deputy, having made the sale in that form under the instructions of the plaintiffs in the executions and their promise to indemnify him, and with the object of passing the absolute title, no obligation, by the manner and terms of sale, or interest sold, rested on the purchasers to execute the bond, required by the statute as purchasers of the mortgagor’s interest only; nor had the officer a right to exact bonds from them, From the terms of the sale and interest sold and delivery of possession to the purchasers, the officer’s assent to their removal of the pi’operty may be implied.
Besides: it is proven that, by his knowledge and consent, many of the articles sold were removed on the same day, without any attempt to take a bond, and others were removed a few days afterwards, and those that were not taken away before this suit was brought, were claimed by the purchasers as absolute owners, having the right and exercising the sole dominion over them as such.
These facts, in our judgment, sufficiently establish a conversion by the officer, as to all the goods sold. The plaintiff, as mortgagee and legal owner, had therefore a right to his action against him, and a right to recover, at least the amount of his mortgage debt. Indeed it may be questioned whether he, as the legal claimant had not a right to recover at law the full value of the articles converted, without limiting him to the amount of his mortgage debt — leaving a court of chancery to regulate and restrict him, to the amount of his lien. But this question need not be settled in this case, as he has recovered only the amount of his debt, which he had the unquestionable right to recover.
The argument that, as nothing could pass by the sale but the interest of the mortgagor, ño action would lie,
There being no opinion expressed by the Circuit Court, prejudicial to the defendant below, inconsistent with the above views, the judgment is affirmed with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.