Florence v. Troutman's Admr.
Florence v. Troutman's Admr.
Opinion of the Court
Opinion oe the Court by
.We think there can be no doubt of the fact that it was agreed between Troutman and Florence before the sale made in satisfaction of the judgment in favor of Brown and others, that Florence was to have the privilege of redeeming the land in case it was bought by Troutman.
The transaction with Samuel Jacobs & Co. does not seem to have heen a sale to them by Troutman of the Florence land, but rather of the claim he held against Florence for the redemption of said land. The paper exhibited by them which purports to evidence a sale of the land is not signed by Troutman, and the evidence of Hoblegill, which is corroborated by all the circumstances developed by the record, not only rebuts the idea of any such sale, hut, we think, establishes satisfactorily, that he (Trout-man) accepted the merchandise account, and the agreement of Samuel Jacob & Co. to deliver, to him the three Hardin county bonds in full satisfaction of Ms claim against Florence, and that he agreed that the same should be paid to them. This agreement passed to them the benefit of Troutman’s lien upon the land to secure the judgment of the claim against Florence, and authorized him to make payments to them in the extinguishment of the same. Hence the lands of Florence are liable only for the balance due from him to Samuel Jacob & Co., and the court erred in adjudging them to be sold in satisfáetion of the amount still
For the errors indicated the judgment is reversed, and the cause remanded, with instructions to the circuit court to cause the heirs of Troutman to be made parties to this action and for further proceedings consistent with this opinion.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.