Magwire v. Hall's Administrator
Magwire v. Hall's Administrator
Opinion of the Court
delivered tlio opinion of the court.
We can not conceive a ground in law or equity on which the plaintiff’s right to a recovery in this action can be made to stand. The petition claims that the defendant holds to the use of the plaintiff money to which he is entitled. The cause of action, as stated, fails to set forth any facts from which this allegation can derive any support. The plaintiff, it appears, bought a leasehold estate encumbered with a trust given to secure the payment of debts. He admits that he was aware of the encumbrance at the time of this purchase and says he supposed the debts were genuine and really due, but afterwards discovered that they were fraudulent and pretended. Now, admitting that the debts were fraudulent, that was no concern of the plaintiff. He knew of their existence at the time of his purchase ; he believed them to be justly due ; he must therefore have been indemnified against them by the reduced price at which he purchased the property. As the debts were taken in the estimate in ascertain
This view of the subject disposes of the case, and we deem it unnecessary to advert to the other points made by counsel in their briefs.
The other judges concurring, the judgment is affirmed.
Reference
- Full Case Name
- Magwire, in Error v. Hall's Administrator, in Error
- Status
- Published