Stadden v. Hazzard
Stadden v. Hazzard
Opinion of the Court
Plaintiff in error brought this action to recover upon a ■bond executed by the defendants under § 5278, Compiled Laws.
The court fairly submitted to the jury the question whether this instrument was given in good faith and without intent to hinder, delay, or defraud Wells’ creditors, and also left it to the jury to find whether the instrument was a lease or a mortgage.
Under the charge as given, the jury might have found that the instrument was given as security for the liability of Hazzard as surety for Wells, or for the payment of indebtedness existing and due from Wells to Hazzard at the
If any error was committed in this charge the plaintiff is not the one to complain, as it was more favorable to him than the facts would warrant. The proper construction and legal effect of the instrument was for the court, and not the jury, to determine. The instrument in question was not a mortgage. There are none of the essential features of a mortgage incorporated in it. It was simply a lease, and defendant Hazzard was the general owner of.the property raised under it. The court submitted to the jury the object and intent of the parties in executing this lease; this was all the plaintiff was entitled to.
The judgment of the court below must be affirmed, with costs.
This agreement, made the 4th day of September, A. D. 1873, between Seth E. Wells, of St. Joseph county, and state of Michigan, of the first part, and David Hazzard, of the same place, of the second part: Witnesseth, that the said Seth E. Wells hereby agrees to demise and let to the said Hazzard, and by this indenture covenants and agrees with the said Hazzard to lease to him certain real estate, described as follows, to-wit: Being fifty-five acres, part of the farm known as the Wells farm, situate in the township of Hottawa and county of St. Joseph, and state of Michigan, for the term of one year from date. Said land the said Hazzard desires to sow to wheat, and the said Wells hereby agrees that the said Hazzard may enter the said premises for the purpose of harvesting the same, and to do all things necessary to secure the said wheat crop"; said Hazzard is to have all the straw. In consideration of this lease, the said Hazzard hereby agrees to pay the said Wells five hundred dollars, one hundred and twenty-five dollars to be paid within fifteen days from date hereof, balance to be paid within one year from this date. And the said Wells further agrees to prepare the said land and sow the same with ■wheat for .the said Hazzard.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.