In re Assignment of Speer
In re Assignment of Speer
Opinion of the Court
Opinion by
The evident object of the 8th section of the Act of April 27, 1855, P. L. 368, and of the supplement thereto May 13, 1876, P. L. 160, was to convey distinct notice to all parties interested and definite information as to the estate to be mortgaged. The former confers a legal right upon certain lessees to mortgage their leases and the latter provides more specifically for the recording of leases so to be mortgaged and the reference to be made to the place of record in the mortgage.
There is no question in this case as to the sufficiency of the reference to the book and page where the original lease is recorded. It is alleged, however, that the lease having been assigned by the original lessee to another person and by this
The description in the mortgage is as follows: “ Being the property leased and demised to John Bare by Elliott Robley, by indenture of lease dated the 4th day of August, A. D. 1886, and recorded in the recorder’s office of Huntingdon county in Miscellaneous Book No. 8, page 89, said lease being for a term of thirty years from the date of said lease, and being the same leasehold which was assigned by said John Bare to R. Bruce Bare, by assignment dated the 19th day of August, A. D. 1886, and recorded in the recorder’s office of said Huntingdon county in Misc. Book No. 8, page 91, and being the same leasehold which was assigned by R. Bruce Bare to Alline B. Speer, therein designated as the Speer White Sand Company, by an assignment dated the 11th day of January, 1887, a true and correct copy of which is as follows: Por value received, I, R. Bruce Bare, assignee, sell, assign, transfer and set over the within lease and assignment to Speer White Sand Company.” The property embraced in the mortgage was the lease of Elliott Robley to John Bare, the reference to which in the mortgage is in exact accordance with the provisions of the act of May 18, 1876, supra.
There is no provision in either of the acts of assembly for the recording of or reference to the assignment by which the. mortgagor acquires title to the lease. Such assignment is merely a link in the chain of title and it is difficult to see how the recording thereof could in any way throw light upon the estate mortgaged. In this case, however, the various steps by which the title of the said lease became vested in the mortgagor were distinctly set forth, first, by a reference to the records of the recorder’s office, and, last, by what purports to be a verbatim copy of the assignment of R. Bruce Bare to the mortgagor, the latter being contained in the mortgage and, of course, recorded with it, when it was recorded.
If, under the provisions of the acts referred to, it was necessary to record the assignments under which the mortgagor acquired title — which may be doubted — we think their provisions were substantially complied with by the recording of the last
In view of this disposition of the case, it is unnecessary to comment upon the motion of the appellee for a judgment of non pros., because of the defective character of the appellant’s paper-book. It was probably not necessary to print the testimony before the auditor but it is difficult to see how an appellate court could pass upon the validity of a mortgage which was not printed in the appellant’s paper-book. The appellee, however, remedied this defect, at least in some degree, by printing the essential part of the said mortgage and we have relied upon it as correct.
The decree of the court below is affirmed and the appeal dismissed at the cost of the appellant.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.