Harrison v. Bailey
Harrison v. Bailey
Opinion of the Court
The opinion of the court was de- • livered by
In this case the Circuit judge dismissed the complaint upon two grounds; First. Because it did not state
If, on the other hand, the cause of action alleged be regarded as an agreement on the part of the present defendant to buy the judgment in favor of Townes against the present plaintiff, and to allow him one-half of any profit that might be made by the transaction, then, clearly, there was no consideration alleged for such an agreement, and hence it does not constitute a cause of action. The present plaintiff was under an obligation to pay the whole amount of the judgment, and his property, as the event proved, was sufficient for that purpose, and although something is said in the complaint about a homestead having been set off to him under the Townes judgment, there is no allegation that such homestead was set off to him in the land which was subsequently sold, or that it was a part of the agreement that the present plaintiff should abandon or waive his claim of homestead, if, indeed, he could do so, whereby the land out of which it was carved might be sold by the present defendant for its full value, and that in consideration thereof the defendant had agreed to divide with the plaintiff any profit made by the transaction.
There is another view of this matter which would be fatal to the claim of the plaintiff. There is no principle of equity better settled than that he who seeks equity must himself do equity— that one who comes into the court of equity must come with
The judgment of the Circuit Court is affirmed.
Reference
- Full Case Name
- HARRISON v. BAILEY
- Status
- Published
- Syllabus
- 1. A verbal contract with a judgment debtor to purchase his land at the execution sale, and then to transfer one-half of it to the debtor, is within the terms of the statute of frauds, and may not be established by parol evidence. 2. An agreement made by a stranger with a judgment debtor to purchase the judgment, and allow the debtor one-half of the profits to be made by 'a sale of his land under the judgment, is without consideration, and therefore not binding. 3. A court of equity will not lend its aid to enforce an agreement, whose object appears to have been to defeat the claims of the creditors of the plaintiff.