Hurd v. Robinson
Hurd v. Robinson
Opinion of the Court
The plaintiffs are judgment creditors of John R. Robinson, claiming a lien by their judgment on certain lands which were owned by Robinson. The defendant Dun-levy holds a mortgage executed by John R. Robinson and his wife to the Sandusky City Bank, which purports, in consideration of ten thousand dollars, to convey the same lands, but subject to this condition: “Provided always, and these presents are upon this condition, that whereas the said Robinson is indebted to said bank for moneys loaned, and for his liability on divers bills of exchange and promissory notes, now, if said Robinson shall discharge his said several liabilities in six months from this date, then these presents shall become void; otherwise to remain in full force and virtue.” The mortgage was duly executed, acknowledged and recorded, before the rendition of the judgment. It is admitted that there was an existing indebtedness to the bank, for money loaned, and on certain bills and notes, to the amount of |8084. But it is claimed, that the description of that indebtedness, in the defeasance of the mortgage, is so vague and indefinite as to render the mortgage invalid against judgment creditors, who ought, therefore, to be first paid out of the proceeds of the sale of the mortgaged property.
The question whether a,n instrument be a mortgage, is to be distinguished from the question, what are the respective rights
The definition of a mortgage is found in numerous authorities.
“ A mortgage .in fee, is an estate upon a condition defeasable by the performance of the condition according to its legal effect.” Erskine v. Townsend, 2 Mass. 493, 495.
“ At common law, a mortgage is defined to be a deed conveying lands, with a condition that it should be void upon the payment of money, or the doing of some other act.” Hebron v. Center Harbor, 11 New Hamp. 571, 574.
“ A mortgage is an executed contract, a present transfer of title, although conditional and defeasible.” Barnard v. Eaton, 2 Cush. 294, 303.
“ A mortgage is a contract, by which one person conveys property to another as a security for a debt. The matter must be the subject of stipulation and agreement between the parties.” Lloyd v. Currin, 3 Humph. 462, 464.
“ In all cases the true test, whether a mortgage or not, is to ascertain whether the conveyance is a security for the per formance or non-performance of any act or thing.” Flagg v Mann, 2 Sum. 486, 533.
To constitute a mortgage of real estate, the formalities prescribed for a conveyance of it must be pursued. There must also be an agreement, that the conveyance is a security for the debt to be paid or the thing to be done, but for this agreement no form is prescribed by our law. This is shown by the case of Perkins v. Dibble, 10 Ohio, 433, in which it was held, that an instrument was a mortgage, even at law, though the defeasance followed, instead of preceding the signature of the grantor. “ It shows,” said the court, “ the purpose for which the deed was delivered, and that purpose was as collateral security for the payment of money. And every deed made for such purpose is a mortgage.”
In the present case it can not be properly claimed, that the instrument as between the parties, is not a mortgage, or, that ■ as between them, the debt really intended to be secured may not be ascertained by evidence. There is a formal convey
We find no difficulty in coming to the conclusion that, at common law, the instrument under consideration would be regarded as a mortgage, not conveying to the grantee an absolute estate, nor entitling the grantee to regard it as nugatory and void, but creating a lien on the land for the payment of the debt due, and really intended to be secured.
We come then to inquire, whether this effect has been altered as to third persons by any thing in the legislation of the State. Nothing of the kind is found in the letter of the statute regulating conveyances, their acknowledgement and record. That statute speaks of “ any deed, mortgage or other instrument of writing by which any land, tenement or hereditament shall be conveyed, or otherwise affected or incumbered in law.” It provides for signing and sealing, for witnesses, for acknowledgment and for record, but does not prescribe the form of the deed, mortgage or other instrument. As to the form, the description of the land conveyed, or, in case of a mortgage, of the debt secured, we are left to the general rules of law.
But it is argued, that the policy of the statute requires a change in the general rules of law, and that a more accurate description of the debt secured by a mortgage, is necessary for the benefit and protection of third persons, who may deal with the mortgagor.
The answer to this argument is, that had the legislature intended such a change in the rules of law, it would have been expressed. It might have been provided, that the mortgage to be recorded, should be so definite in the description of the property conveyed, and of the debt secured, as to require nc
It may, or may not, be a wise policy to impose this duty 'upon parties, but the question, how far legislation should go, is not for a court. In construing a law, it may be that where there is doubt as to the meaning or application of its language, the policy which induced its enactment, the mischief it was intended to prevent, is a proper subject of consideration. So the public good, or public policy, in some classes of cases, has been regarded as a proper ground or reason for a judicial decision, and contracts have been held illegal and void as against public policy. Egerton v. Brownlow, 4 H. L. Cas. 1-143, 237. But it would be a wholly unwarranted exercise of power, if not a clear usurpation, for a court upon a conception of what would be wise policy, to change established rules of law to a greater extent than the language of the legislature, fairly interpreted, required. The danger and impropriety of any such principle of decision, is strongly expressed in the case just cited, by a very eminent judge. Public policy, he says, “is a vague and unsatisfactory term, and calculated to lead to uncertainty and error, when applied
We have been urged to adopt and follow in the decision of this question, the decisions of two other states. As to one of these states, New York, without presuming to decide whetner the decisions of its courts upon its statute are correct, we think that statute so far differs from ours, that those decisions would not be a safe guide. A case in Connecticut decided in 1822, Pettibone v. Griswold, 4 Conn. 163, appears to have recognized or established a principle in that state, “ that the record of the mortgage must disclose with as much certainty as the nature of the case will admit of, the true state of the incumbrance.” This principle is professedly founded on the policy of the recording system of that state Hart v. Chalker, 14 Conn. 77. Since 1822, the courts of Connecticut have been engaged in deciding what degree of certainty the nature of cases would require to make mortgages valid. The question, in a dozen or more cases, has come before the supreme court of that state, and has evidently produced a degree of painful uncertainty in mortgage
Did we feel at liberty to extend our statuta upon a notion of public policy, we should hesitate long, before we adopted a principle from another State, the working of which appears to have been so harsh and unsatisfactory, as to have led to its relaxation, if not to its practical abandonment.
It will, generally, be found that the interest of a mortgagor to have the amount of the incumbrance stated, with a view to his future dealings, and the interest of the mortgagee to be relieved from any necessity of proof as to the amount of his claim, and, also, to be able to make, when needed, a transfer of the claim and the security, will induce a reasonable certainty in the condition of mortgages. The inconvenience which may occasionally arise to third persons from uncertainty of description is more sufferable than the gross injustice which would be frequently inflietedby a stringent rule as to certainty. Such a rule, especially in view of our decisions as to the effect of notice of unrecorded mortgages, would present another opportunity for the sharp and vigilant to obtain an unjust advantage over the confiding and ignorant.
Judgment for defendants.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.